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BP and Eni sign Omani onshore exploration deal

Oil & gas heavyweights BP and Eni have signed with Oman’s Ministry of Oil & Gas an exploration and production sharing agreement (EPSA) for Block 77 in central Oman

Resolute to acquire Senegalese gold mine

Australian gold mine developer Resolute Mining has signed an agreement to acquire all shares in Toro Gold for a total value of $274 million – the deal includes majority-owned Mako Gold Mine in eastern Senegal

Microsoft and Publicis partner with first digital trade bank

Microsoft and the digital business subsidiary of Publicis Groupe have been announced as partners of the world’s first digital-only trade finance bank – Anglo-Gulf Trade Bank (AGTB)

EBRD to lend €149m to Ukrainian grid operator

The EBRD has agreed to lend €149 million ($165.8 million) to Ukrenergo to fund improvement to Ukraine’s transmission infrastructure for synchronisation with European electricity networks

EIB scales down Lanuza wind cluster loan

The EIB have agreed to lend €44.2 million ($49.2 million) to Alfanar for its 547MW Lanuza onshore wind project in Spain. It had previously said it was considering a loan of €385 million

Itochu sings MoU with Transgaz

Japan's Itochu and Transgaz have signed a memorandum of understanding (MoU) to develop LNG terminals and gas transportation projects in Europe

Enel signs offtake with Anglo American in Chile

Enel’s Chilean subsidiary has signed a 10-year agreement with global mining company Anglo American to supply it with up to 3TWh of renewable energy per year

ExWorks signs with UK games company

Specialist financier ExWorks Capital has signed a working capital facility with UK-based videogame publisher Outright Games

German export facility for JSW Steel

JSW Steel has signed in an innovative €48.5 million ($54 million) export finance loan with German lenders

China Exim close to signing Malaysia East Coast Link

Malaysia’s Minister for Transport Loke Siew Fook has revealed that the negotiations with Export Import Bank of China as main lender to the East Coast Rail Link project are finalised

AIIB considers power distribution project in Indonesia

Asian Infrastructure Investment Bank (AIIB) has approved the first stage of its three-phased approval process to fund a $1.05 billion power distribution project in Indonesia

EIB approves loan for Noor Atlas solar

The European Investment Bank (EIB) has approved of a €129 million ($144 million) loan for the €272 million ($303.7 million) Noor Atlas programme in Morocco – 240MW of solar PV split into seven projects in the east and south of the country

Drip Capital completes Series B funding

Indian financial tech solutions provider Drip Capital has raised $25 million in Series B funding as its looks to develop a blockchain platform for trade finance

ADB recruits PPP legal adviser

Asian Development Bank has called for expressions of interest from individuals to provide legal advice for services undertaken by its PPP unit

DFIs close on Lekela's Egypt wind farm

Africa-focused renewable energy developer Lekela Power has reached financial close on its $339 million, 250MW wind power scheme in the Gulf of Suez – a site located 30km away from Ras Ghareb, Egypt

Baker McKenzie hires Meyer in Johannesburg

International law firm Baker McKenzie has appointed trade and commodity finance lawyer Lodewyk Meyer as a partner based in Johannesburg, South Africa

UKEF signs loan for Angolan agri project

UK Export Finance has agreed a $73 million loan to the Government of Angola to support an agriculture project in the country