Latest News

BNB finances Bahia gas-fired

Brazilian regional development bank Banco do Nordeste do Brasil has provided R$140 million of financing to fund expansion of a gas-fired complex in Bahia

Starsight refinances DFI debt

Africa-focused solar developer Starsight Energy has refinanced $20 million of DFI-provided debt with a new local currency facility signed with Chapel Hill Denham Nigeria

DFIs raise $15.5m for GreenCo’s energy trader

Three DFIs have committed a combined $15.5 million for Africa GreenCo to expand its renewable energy buyer and services provider business in Zambia

RFQ out for Uzbekistan PPP portfolio

The ministries of health and finance have requested qualification applications to develop a portfolio of radiotherapy centres in 4 regions, the Uzbek government announced on 29 April 2022

Plans finalised for Lima Airport expansion

Lima Airport Partners and the Peruvian ministry of transport and communications have signed a fresh agreement governing the planned expansion of Jorge Chávez International Airport after the concessionaire fought to downsize the plans

AfDB launches second Kangaroo Social Bond

The African Development Bank (AfDB) has launched a 10.5-year, A$155 million ($111.8m) Kangaroo Social Bond, due October 2032

IFC commits $10 million to Colombian solar

The International Finance Corporation (IFC), a subsidiary of the World Bank, has committed $10 million to promote renewable energy in Colombia

Saudi EXIM Bank hires executive adviser

Saudi EXIM Bank has hired Mohamed Azzam as an executive adviser from Export Credit Guarantee of Egypt (EGE) after nearly 3 years with the latter ECA

Aqaba-Amman water project attracts lender interest

Jordan’s $2 billion AAWDPC – in the midst of its RFP phase – is attracting lender interest, though a financial proposal has yet to be made

Seacom talks debt to expand subsea fiber business

Africa-focused subsea cable operator Seacom is in talks with a DFI for a $260 million debt package for its $563 million, five-year expansion plan to diversify the company’s digital infrastructure offering

Foreign partners quit Myanmar offshore gas

All foreign project sponsors have decided to pull out from a $700 million upstream natural gas project in Myanmar, leaving the state-owned Myanma Oil and Gas Enterprise (MOGE) as the remaining shareholder

BBG, Quantum to develop Vietnam gas complex and seaport

Vietnamese infrastructure company BB Group has partnered with US-based Quantum Group to develop a $5.5 billion natural gas complex and a seaport on the northcentral coast of Vietnam

Debt financing in motion for Oz rare earth project

Miner Arafura Resources has retained 2 lead arrangers to put together a debt financing package for the company’s wholly-owned Nolans rare earth project in the Northern Territory

Federal funding for Glencore’s CCUS venture

The Australian federal government has pledged up to A$35 million in funding towards Anglo-Swiss miner Glencore’s Carbon Transport and Storage Company (CTSCo) Project in Queensland

Malaysia launches advisory tender for MRT3

Malaysian state-owned Mass Rapid Transit (MRT Corp) has launched its first tender to provide project management consultancy services for the M$39 billion ($8.9 billion) MRT3 Circle Line