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AES issues bond for Argentine wind to bridge DFI debt

AES Argentina Generación, AES Corp's local subsidiary, has issued a $48.4 million, short-term corporate bond to finance a wind project in the country, amid a standstill in commercial bank lending

Emmerson boosts potash mine size estimate

Morocco-focused mining developer Emmerson has upscaled the resource estimate of its Khemisset Potash Project in northern Morocco by 72% following a JORC-compliant review of the mine

Softbank increases its investment in Greensill

Non-bank working capital provider Greensill Capital has announced that Softbank Vision Fund has invested a further $655 million into the business

VTB and Afreximbank sign trade finance deal

African Export-Import Bank has signed an agreement with Russian lender VTB Bank to boost trade finance provision in Africa

China Development Bank signs loan for Nigerian port

China Development Bank (CDB) has signed with Singaporean conglomerate Tolaram Group a $629 million loan for the Lekki deep seaport project in Lagos State, Nigeria

AIIB steps towards Eurasia fund investment

Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has reached a final review decision to invest up to $125 million in a private equity fund targeting sectors including renewables and transport in Eurasian markets

Q3 2019 Trade Finance league tables

Global trade and export finance volumes were significantly boosted in the third quarter by a couple of major transactions in the LNG sector

Amundi launches new silk road fund

Paris-based asset manager Amundi has launched a fund targeting markets that benefit from the development of the new silk roads across Africa, Asia, Europe and the Middle East

Multilateral guarantees for Colombian renewables

Colombia’s development bank, Financiera de Desarrollo Nacional, has obtained guarantees totaling $81 million from multilateral institutions to support renewable energy project finance in the country

Afreximbank in talks to fund Zimbabwean platinum mine

An Afreximbank-led bank syndicate is in "advanced" talks with the sponsors of a platinum mine in Zimbabwe to lend on the project's $500 million first phase

ADB awards advisory mandates on Uzbek solar

The Uzbek Government’s transaction adviser has selected two teams to assist on a 100MW solar power project in the south east of the country, following a month-long assessment

ACWA Power signs Bangladesh power pact

Riyadh-based ACWA Power has signed a memorandum of understanding with the Bangladesh Power Development Board to develop a $3 billion regasified LNG combined-cycle power plant and LNG terminal complex

BB Energy refinances RCF

Energy trader BB Energy has closed on a new $245 million revolving credit facility that replaces and extends existing debt

Trans-Oil closes latest PXF

Moldovan agribusiness Trans-Oil International has closed on a new $150 million pre-export financing facility that was significantly oversubscribed

US Exim signs huge lending agreement with Iraq

Export-Import Bank of the United States has signed a new memorandum of understanding with Iraq’s Ministry of Finance, committing to funding of between $3 billion and $5 billion