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Atlas closes debt for Brazilian solar

Actis portfolio company Atlas Renewable Energy has closed financing for a 359MW solar project in Brazil

Standard Chartered lends on Ghanaian road project

Ghana’s Ministry of Finance has signed with Standard Chartered Bank a €55 million loan for a 100km road asphalting project in the Northern Region

GCF supports ADB in Covid recovery

The Green Climate Fund (GCF) has allocated $300 million to support the Asian Development Bank's (ADB) efforts to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the coronavirus pandemic.

Yanbu-4 IWP reaches financial close

An Engie-led consortium has reached financial close on the $880 million Yanbu-4 IWP project near Ar Rayyis, Saudi Arabia – complete with water special facilities

CAF finances Uruguayan road

Latin America’s development bank CAF will finance Uruguay’s road Circuito Vial 7, which is part of the National Route 3 (Ruta Nacional 3).

Ethiopia extends deadline for telecom licence RFP

The Ethiopian Communications Authority has extended the deadline for the request for proposal submissions for two telecommunication licences

Timor-Leste social PPP emerges

The government of Timor-Leste's transaction adviser on a housing PPP is recruiting a team to assist on the project

FinDev Canada appoints new CEO

The development finance institution FinDev Canada, previously known as Development Finance Institute Canada, has appointed infrastructure finance expert Lori Kerr as its new CEO, replacing the interim CEO Ken Kember

AfDB in for Angolan transmission loan

The AfDB has signed a $530 million funding package with the government of Angola for the construction of a 343km, 400kV transmission line to connect the north and south grids in the Central African state

TAV Airports restructures Tunisian concessions

Turkish airport operator TAV Airports has restructured its two concessions in Tunisia with seven banks in light of the drop in international air travel due to the Covid-19 pandemic

IFC picks Mexico manager

The International Finance Corporation has appointed Juan Gonzalo Flores as country manager for Mexico.

IFC to loan $60m for Vietnam Thuan Binh wind

The International Finance Corporation (IFC) has proposed a $60 million senior loan to Vietnam-based Thuan Binh Wind Power (TBW) to develop and construct 2 of its wind power projects in Vietnam

Mitter takes key EMEA role at Citi

Joysheel Mitter has now started as head of EMEA structured trade and receivables product at Citi in London, reporting to regional head of trade – Peadar Mac Canna, EMEA head of trade

IFC appoints new manager for East Africa

The IFC has appointed Amena Arif as its new manager for seven states in the East Africa region

IFC advises on Laos logistics hub PPP

The International Finance Corporation (IFC) is advising Sitthi Logistics Lao on a project to expand a dry port and develop a logistics hub under the public-private-partnership model in Laos' capital Vientiane

IDB Invest closes LNG debt package in El Salvador

IDB Invest has closed a debt package which will support the acquisition of an LNG tanker in El Salvador and its subsequent conversion into a floating storage and regasification unit