The African Development Bank has signed an unfunded $250 million risk participation agreement (RPA) with South African lender Absa Bank

The African Development Bank (AfDB) has signed a $50 million equity investment into fellow regional multilateral African Finance Corporation (AFC), and will take a seat on the board with other DFI shareholders

The New Development Bank (NDB), also known as the BRICS Bank, has approved a $300 million loan to Brazilian mining company Vale to implement improvements to a railroad and a port

Anglo-Australian mining and upstream petroleum giant BHP has named internal candidate Mike Henry as its new chief executive, with Andrew Mackenzie retiring on 31 December

The Asian Infrastructure Investment Bank is investing in a new renewables fund focused on emerging Asia − the SUSI Asia Energy Transition Fund

Brazil's Eletronuclear has started negotiations with the US export credit agency EXIM Bank to fund part of the project to extend the plant life of its nuclear power plant Agra 1

GlobalTrade Corporation (GTC) is to launch a new digital trade finance marketplace for trade assets to complement its existing suite of products

Four European DFIs will sign a $85 million debt package with Lebanese infra developer IPT PowerTech to support the deployment of solar PV and battery storage at telecoms towers in Guinea

Singapore-based digital trade and logistics specialist VCargo Cloud has launched its new trade finance portal – CamelONE Trade Finance

UK-based SME finance provider Bibby Financial Services has appointed invoice finance specialist Karl Leitelmayer as its new head of business centre for trade finance

Gunvor Group has signed on its latest revolving credit facility – raising $1.69 billion

Germany's DEG has opened a representative office in Lagos, Nigeria, as part of its West Africa interests, marking its 21st global location

Nepal’s Ministry of Physical Infrastructure and Transport is inviting bids to expand an 80km portion of the Pokhara to Kathmandu highway

Kyrgyzstan anticipates bringing to market a school PPP project in the country’s two largest cities by Q2 2020, based on a timeline by its transaction adviser IFC

Kenya Electricity Generating Co has launched the request for qualification stage for the 140MW Olkaria geothermal project in Nakuru County

A Besix-led consortium is due to sign with the government of Dubai the project agreements for $900 million, 200MW Warsan 2 waste-to-energy project

The ADB has provided a $60 million loan and a $40 million grant toward a project to modernise the Uch-Kurgan hydropower plant hydro in Kyrgyzstan, with the Eurasian Development Bank providing a $45 million loan

The Asian Development Bank has approved its loan for the $904 million road improvement PPP in the central Indian state of Madhya Pradesh

Africa Finance Corporation has closed on a US dollar-denominated $500 million Reg S Eurobond in its latest round of fundraising