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USDOT announces port grants

The US Department of Transportation will award $220 million in funding to improve port facilities in 15 states via the Maritime Administration’s Port Infrastructure Development Program

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

Sri Lanka eyes expressway expansion

Government agencies of an expressway network megaproject throughout Sri Lanka are recruiting an adviser to conduct studies

EBRD shareholders approve Iraq accession

The 71 shareholders of the EBRD has approved the government of Iraq’s application for membership of the multilateral bank

Adviser sought for Libyan LNG projects

The World Bank has invited expressions of interest from advisory firms to support the preparation of two $250 million LNG import facility projects to help alleviate electricity shortages in war-torn Libya

EOIs due for Pakistan hydro advisory

EOIs from potential advisers on a proposed hydropower project in northern Pakistan are due today, following a deadline extension

KEPCO steps into Vietnam coal-fired

Korea Power Electric Corporation (KEPCO) has approved the company's investment plan for a stake in the 1.2GW Vung Ang 2 coal-fired power project in Ha Tinh province, Vietnam

DBSA appoints head of new infra fund

The DBSA has appointed Mohale Rakgate as group executive of its new $5.7 million infrastructure viability gap fund, a new collaboration between the DFI and the government of South Africa

Uzbek solar IPP passes financing hurdles

Recent approvals by DFIs to finance a $112 million solar energy project in southwestern Uzbekistan puts financial close within weeks