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Advisory REOI for Jamaica roads P3

The IFC has issued REOIs seeking multiple advisers to help with implementing 3 brownfield road segments via a P3 in Jamaica

Ghana joins ATI’s IPP derisking facility

The government of Ghana has signed with the African Trade Insurance Agency an MoU for the roll-out of the Regional Liquidity Support Facility to support independent power projects

DFIs line up for KfW’s Africa Go Green fund

At least 3 DFIs are considering equity commitments on the $250 million capital raise for KfW’s Africa Go Green fund (AGG), which will invest in green energy projects in the West Africa region

BIDA appoints executive chairman

Bangladesh Investment Development Authority has appointed Lokman Hossain Mia as executive chairman, effective from 4 September 2022

Tata to develop Maharashtra solar

Tata Power Renewable Energy is collaborating with Indian stainless steel manufacturer Viraj Profiles to set up a captive solar project in central west India, the Tata Power wholly-owned subsidiary said yesterday (8 September 2022).

EXCLUSIVE IFC in talks for Safaricom equity stake

The International Finance Corporation is in talks with the Global Partnership for Ethiopia consortium for a $160 million equity investment in the latter’s Safaricom Telecommunications Ethiopia (STE) vehicle.

IFC to advise Guinea-Bissau on telecom PPP

The government of Guinea-Bissau will be advised by the International Finance Corporation (IFC) on the restructuring of GuinéTelecom and GuinéTel as a public-private partnership

Indonesia airport PPP reaches commercial close

An Indonesian consortium, which had submitted an Rp10.8 trillion unsolicited proposal, has achieved commercial close on a greenfield airport PPP in East Java

AIIB-backed Pakistan water moves forward

Asian Infrastructure Investment Bank (AIIB) has agreed to finance the project readiness of a water and wastewater project in eastern Pakistan

ADB approves $153m for Uzbek water management

Asian Development Bank has approved a $150 million loan and a $3 million grant to help improve food and water security projects in Uzbekistan

Non-recourse debt for Sao Paulo metro

Up to $1.3 billion in non-recourse debt has been signed off to fund the construction of the underground metro line in the city of São Paulo, Brazil

FC for Colombia’s first 5G toll road

The first toll road concession under the Fifth Generation infrastructure programme has reached financial close with Colombian infrastructure development bank Financiera de Desarrollo Nacional providing a good chunk of the Ps 1.5 trillion senior debt package

IDB LatAm investment officer departs

An investment officer at IDB Invest is leaving the private sector arm of the Inter-American Development Bank Group for a new opportunity after close to ten years at the bank

Eneva to refinance assets in Brazil

Brazilian power generator Eneva is planning to issue R$1.9 billion in debentures to refinance 3 of the company’s projects

Arjun hires head of ESG

European asset manager Arjun Infrastructure has appointed Rhyadd Keaney-Watkins as head of ESG

Commercial close for Mpatamanga hydro

A consortium consisting of power developers EDF and Scatec have signed with the government of Malawi a binding commercial agreement for the $600 million, 350MW Mpatamanga hydro project on the Shire River

EXCLUSIVE Deutsche GigaNetz secures debt for fibre roll-out

InfraRed Capital Partners-backed Deutsche GigaNetz has secured financing for its roll-out strategy as it awaits regulatory approval for a new equity partner.

Liang joins Haitong from BOC

Kenton Liang has joined Haitong Bank in Macau as the managing director of structured finance from Bank of China