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Collingwood joins Finverity

Finverity, the mid-market supply chain finance platform with a focus on emerging markets, has made Alex Collingwood head of corporate sales and origination

Deutsche supported by ATI on Ghana deals

Deutsche Bank has closed 2 new social loans with the Republic of Ghana that will have a significant impact in transport and social infrastructure

ADB to align its operations with Paris Agreement

Asian Development Bank has announced its commitment to increase climate-related financing and align its operations with the Paris Agreement.

IFC proposes $150m loan to Ratch

IFC has proposed a $150 million sustainable loan to RH International Singapore (RHIS), a subsidiary of Thailand-based RATCH Group

BCIE opens first office in Asia

This week Banco Centroamericano de Integración Económica (BCIE), or Central American Bank for Economic Integration (CABEI), started operations in Taiwan.

Suzlon Energy squashes takeover rumours

The Pune-headquartered wind turbine supplier tells investors there is nothing to the rumours, following an announcement last week that it had a net loss in FY 2021

ADB proposes SDG accelerator bond

Asian Development Bank has proposed a new kind of Sustainable Development Goal bond for Southeast Asia countries to tap into the global private market for green infrastructure

Ebobissé retained as CEO of Africa50

The board of directors at pan-African infra investment platform Africa50 has voted unanimously to reappoint Alaine Ebobissé as chief executive office for a second term

September FC for UK-German interconnector

The governments of the UK and Germany have today pledged their support to the first ever energy link between the 2 countries in a major boost for the project.

Meridiam puts Gabonese hydro IPP to financial close

A Meridiam-led consortium has reached financial close on the €179 million, 35MW Kinguélé Aval hydropower independent power producer on the River Mbei in northwest Gabon

Ethiopia mandates IFC for second telecom licence

The government of Ethiopia is pressing ahead with the issuance of a second telecom licence after again mandating the IFC as the transaction adviser, IJGlobal has learned

GuarantCo receives fresh FCDO capital injection

The UK’s FCDO has provided PIDG-member GuarantCo an additional £90 million callable capital facility to close the infra financing gap in the Sub-Saharan Africa and Asia Pacific regions

AfDB and South Korea forms African energy pact

The African Development Bank has signed with the Republic of Korea’s Ministry of Economy and Finance and Kexim an agreement for a new co-investment framework for the African energy sector

InfraCo Africa supports Kenyan infra credit enhancement

PIDG-member InfraCo Africa has signed with Cardano Development a joint development agreement for a credit enhancement facility to support domestic capital investment in Kenya’s infrastructure sector

USAID pushes clean energy in Philippines

US Agency for International Development (USAID) has launched the P1.6 billion ($33 million) Energy Secure Philippines project to promote the country's energy sector priorities and support climate mitigation goals

EBRD appoints new head in Central Asia

European Bank for Reconstruction and Development (EBRD) appointed Rika Ishii as head of Tajikistan

IFC arranges loan for Iraqi gas flaring reduction

The IFC has arranged a $360 million loan signed with the Basrah Gas Company to support one of the world’s largest gas flaring reduction projects