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DFC takes action on Ecuador

Adam Boehler, the US International Development Finance Corporation (DFC) chief executive, has joined officials from the Republic of Ecuador – including President Lenin Moreno and Finance and Economy Minister Mauricio Pozo Crespo – to sign a framework agreement to refinance debt and support private sector investment in the country

Debt signed for Madagascar solar PV

A French consortium of Axian and GreenYellow have signed a $19 million debt package and $13.1 million in local credit guarantees with three lenders and two guarantors for the €25 million 20MW Ambatolampy solar power plant in Madagascar

WB launches EOI for Cambodia waste management

World Bank has launched the procurement for consulting services to prepare the environmental and social framework for Cambodia’s solid waste and plastic management improvement project

Félix takes up EIB VP role

Ricardo Mourinho Félix is the new vice-president and member of the management committee of the European Investment Bank (EIB), taking up his duties tomorrow

DFC sets out global plans

The US International Development Finance Corporation (DFC) has laid out its first global development strategy – The Roadmap for Impact

India eyes a sustainable floating solar industry

A multilateral development bank has issued a request for expressions of interest (EOIs) to advise on India’s floating solar market

DFC signs grant for Tulu Moye geothermal

The US International Development Finance Corporation has signed a $1.55 million grant for early-stage work on the first phase of the 150MW Tulu Moye geothermal project in Oromia, Ethiopia

Grant approved for Bangui Mpoko airport modernisation

The AfDB has approved a €9.5 million grant to modernise the safety and security measures at Bangui Mpoko International Airport in the Central African Republic

Binns joins Tradewind as VP

Derek Binns has joined Tradewind as a vice president for sales across Europe, working closely with the firm’s headquarters in Mönchengladbach, Germany

BDB chooses TCS solution

Bahrain Development Bank (BDB) has selected Tata Consultancy Services’ TCS BaNCS Global Banking Platform to transform its core banking infrastructure

IFC ponders investment in student accomm

The IFC is considering a $9 million equity investment in Momentum Student Accommodation Impact Fund – an investment company managed by South African real estate fund manager Eris Property Group

CDC appoints new rep and advisor in Myanmar

UK state-owned development finance institution CDC Group has today (13 October 2020) appointed Myo Zin as its Myanmar country representative and Thura Ko Ko as its local adviser in Myanma

Aqaba-Amman desal RFP to be issued

Jordan’s Ministry of Water and Irrigation is preparing to issue the request for proposal documents for its $2 billion Aqaba-Amman Water Desalination and Conveyance Project

BNDES to structure 40 day-care PPPs in Brazil

Brazilian development bank BNDES has signed a contract to structure PPP projects for 40 day-care centers in the municipality of Teresina

ADB approves $8 million loan for water treatment

Asian Development Bank last week approved an $8 million loan to Vietnam-based Binh Duong water-environment for the Tan Hiep water treatment expansion project in Binh Duong province, Vietnam

EIB considers loan for Malawi water treatment

The EIB is considering a €15 million loan for a new €50 million water treatment plant at Lilongwe, Malawi

Danakli picks Aggreko for captive power operation

Australian mining company Danakali has picked Glasgow-based energy developer Aggreko as its preferred power contractor for the 12MW heavy fuel oil power plant at its AFC-funded Colluli potash mine in Eritrea

Renaud-Basso takes top slot at EBRD

The board of governors of the European Bank for Reconstruction and Development (EBRD) has elected Odile Renaud-Basso of France as the bank’s next president

Godiksen starts new role at EKF

Rasmus Godiksen has now started as a director at EKF – Danmarks Eksportkredit – having joined the ECA from his last role at Danske Bank where he was chief quant analyst