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FC deadlines for two CPEC projects extended to next year

Pakistan’s Ministry of Energy has extended the financial close deadlines of two China-Pakistan Economic Corridor projects – the $1.66 billion Matiari-Lahore transmission line and $542 million Gwadar coal-fired power plant

Peru nears final decision on GSP pipeline

Peru's government will take a final decision on the country's Gasoducto Sur Peruano (GSP) pipeline in the next few weeks, according to the Ministry of Mines and Energy (MEM)

ArcelorMittal signs PPA in Mexico

ArcelorMittal has signed a $1.7billion power purchase agreement with a subsidiary of Mexico's Federal Electricity Commission (CFE) to guarantee the supply of power and associated products equivalent to 600MW of capacity

Pakistan studies two RLNG-fired to take private

Pakistan’s privatisation commission (PC) has directed National Power Parks to submit a pre-feasibility study to privatise two Punjab power plants totalling nearly 2.5GW, according to a statement

AfDB approves new loan for Kampala-Jinja PPP

The African Development Bank (AfDB) has approved an additional $229.5 million loan with the government of Uganda for the first phase of the $1.55 billion Kampala-Jinja Expressway PPP

EBRD to sign loan for Egyptian midstream

The European Bank for Reconstruction and Development (EBRD) will sign with the government of Egypt a $200 million loan to fully fund the EGAS Energy Efficiency project, to improve pipeline infrastructure in the North African state

BNDES approves loan for Sao Paulo road

Brazilian development bank BNDES has approved a R3.64 billion ($962 million) loan to Via Paulista company to fund the Rodovia dos Calçados road

DFAT, JBIC and Opic sign Indo-Pacific infra pact

The export credit agencies of Australia, Japan and the US have signed a memorandum of understating (MoU) to cooperate on funding infrastructure projects across the Indo Pacific region

OPIC signs loan for Africa telecoms

The Overseas Private Investment Corporation (OPIC) and pan-African communications developer Africell Holdings have signed a $100 million loan to expand access to telecoms in Africa

New BNDES president confirmed

World Bank’s managing director and bank group CFO, Joaquim Levy, has been officially confirmed as president of the Brazilian development bank BNDES

EIB approves support for projects and businesses

The European Investment Bank (EIB) has approved €6 billion ($7 billion) support for transport, health and energy projects, as well as small businesses

Aenergy and AfDB sign energy agreements

Angolan energy and transport developer Aenergy has signed two agreements with the African Development Bank (AfDB) for energy-related projects in Angola, Cameroon and Ghana

BNDES to finance Brazil's BR-135

Brazilian roads concessionaire EcoRodovias is about to close a loan of around R1 billion ($267 million) to finance the BR-135 road

Advisers sought for Bahrain-Saudi causeway

The King Fahd Causeway Authority (KFCA) has invited bids for the transaction advisory services on the interim stage of the $4 billion, 25km King Hamad Causeway project, the second bridge connecting Bahrain and Saudi Arabia

UKEF signs guarantee for Angolan transmission

The UK's export credit agency UK Export Finance (UKEF) has signed a loan guarantee to support a €70 million ($78.9 million) loan issued by Angola's Ministry of Finance to construct and upgrade two power substations in the country

FID for Pilgangoora mine stage 2

Australia-listed Pilbara Minerals has endorsed the stage 2 expansion project for its 100% owned Pilgangoora lithium-tantalum project in Western Australia's Pilbara region

Afrexim and CDC sign risk participation deal

Egypt-based trade and development bank Afreximbank and UK government-owned development finance institution CDC Group have signed a risk participation agreement

BNP Paribas latest bank to complete Voltron transaction

BNP Paribas has become the third bank to complete a fully-digitised trade transaction on the Voltron blockchain platform, supporting Rio Tinto’s bulk shipment of iron ore to client Cargill