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EBRD launches GEFF in Armenia to support SMEs

The EBRD has launched a new Green Economy Financing Facility (GEFF) in Armenia that will support SMEs in funding investments in green technologies

AfDB and EC sign grants for West Africa road

The African Development Bank and the European Commission have signed up to $23 million in grants for the preliminary work on a 1,080km road connecting Côte d’Ivoire and Nigeria

Surecomp launches its open API platform

Trade finance fintech firm Surecomp has launched APIsure, the first open API platform for trade finance-related applications

HSBC picks Ramachandran to lead Jasmine22

HSBC has announced that Vivek Ramachandran has become CEO of its Jasmine22 venture, a new Google Cloud-based trading platform for SMEs

Taulia appoints Venables in London

US-based provider of working capital solutions Taulia has appointed David Venables in London as its UK and Ireland account executive

Euro Exim first bank to deploy xRapid

Euro Exim Bank has announced that it has integrated xRapid – the cross-border payment solution from blockchain and payments firm Ripple

OECD revises Uzbekistan credit risk rating

The Organisation for Economic Cooperation and Development has raised the credit risk rating of Uzbekistan, which should begin to open the country to foreign investment

Croatian gov to finance LNG project

The Croatian government has agreed to lend €100 million ($114.7 million) to the long delayed floating LNG project of the island of Krk

Emirates Global Aluminium closes on debt refi

State-owned Emirates Global Aluminium (EGA) has raised $6.5 billion from global and regional lenders to refinance corporate debt

Citi and ADB sign Armenia trade loan

Armenian bank Ardshinbank has signed a $35 million trade finance facility to support export companies in the eastern European country

Rolls-Royce inks Hinkley Point C power contract

Rolls-Royce has signed a contract with EDF to provide back-up power to the UK's 3.2GW Hinkley Point C nuclear power station in Somerset

UKEF support for Iraqi power projects

UK Export Finance has committed up to $1.02 billion in direct loans and guarantees in support for two power stations in Iraq

GE, Sumitomo sign PPA for Hamriyah gas-fired

Sharjah Electricity and Water Authority has signed a 25-year PPA with GE and Sumitomo Corporation to deliver a 1.8GW combined-cycle gas-fired power plant in Hamriyah, UAE

EIB considers loan for Niger grid

The EIB is mulling a €57 million loan to Société Nigérienne d'Électricité for a €132 million electrification improvement project in Niger

EIB-anchored broadband fund makes maiden investment

Cube Infrastructure Managers' European Investment Bank-anchored European broadband infrastructure fund has made its first investment, signing a deal with network developers Vahta and 3T Cable to roll out fiber-to-the-home access to over 135,000 locations in rural Croatia

Advisers emerge on Bangladesh LNG terminal

The financial and legal advisers have emerged on a LNG receiving facilities project that PT Pertamina and Marubeni are developing in Bangladesh

EDC says no to thermal coal

Export Development Canada announced an update to its climate-change policy on 28 January that will prohibit it from making any future investments linked to thermal coal