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BB Energy refinances RCF

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

Petrobras to sell gas assets

State-controlled Petrobras has announced a settlement with Brazil’s antitrust body, Cade, to increase competition in the natural gas sector in Brazil

DFI pushes forward on climate bonds

An Asia-based development finance institution (DFI) has come closer to final approval for the creation of a $500 million Asia climate bond portfolio, aimed at promoting development of the climate bond market in AIIB member countries

Africa50 hires new strategy & investor relations head

Africa50 has hired Opuiyo Oforiokuma as its new head of strategy and investor relations, to lead fundraising efforts with public- and private-sector partners

EIB signs loan with Cabo Verde Telecom

The European Investment Bank has signed a $25 million loan with Cape Verde's telecoms company to connect the island country to the $173 million EllaLink subsea cable

Taiwan gas-fired finds insurance covers

An Asia-based export credit agency (ECA) has decided to provide commercial and political risk insurance for a combined cycle gas turbine (CCGT) power plants project in Taiwan

DFI prepares financing for Uzbek water supply and sewage

An Asia-based development finance institution has passed its concept review this week to finance a $658 million, two-phase water supply and sewage project in central Uzbekistan

China's Hanergy to develop solar PVs in DR Congo

Hanergy has signed an EPC+F contract with Congolese energy utility Société nationale d'électricité for the development of up to 400MW of solar projects in the Democratic Republic of Congo

Absa closes upsized syndicated term loan

South Africa-based Absa Bank has signed and closed on a new $500 million two-year term loan, with proceeds to be used for trade finance and other general corporate purposes

IFC bids for MLA role on Malawi's Salima solar

The IFC is looking to take over the mandated lead arranger role for the $80 million, 60MW Salima solar PV in Dedza, Malawi

Deutsche trade finance veterans retire

Two of Deutsche Bank’s most senior trade and export finance bankers are set to retire with internal replacements lined up

Bangladesh and JICA sign coal-fired loan

The Bangladesh Government and the Japan International Cooperation Agency (JICA) have signed a loan to provide Japanese official development assistance (ODA) of up to ¥143.127 billion ($1.32 billion) for a coal-fired power plant complex in Matarbari

IFC finances Argentine wind project

Argentina-based power company Central Puerto has closed a $76.1 million financing with the IFC for its 88MW La Genoveva wind farm located close to Bahia Blanca, in the southern part of the Buenos Aires province