Latest News

IFC funds Mpatamanga hydro early-stage work

The IFC will provide up to $7.5 million to kick off early-stage work on the $600 million, 258MW Mpatamanga hydropower PPP on the Shire River in the Southern Region, Malawi

ADB to finance India rail track electrification

The Asian Development Bank (ADB) has signed on an agreement to provide $750 million in long-term financing to Indian Railway Finance Corporation (IRFC) to fund the Railways Track Electrification Project

EBRD invites consultancy bids for Lebanese solar

The European Bank for Reconstruction and Development (EBRD) has invited bids from consultancy firms to carry out a feasibility study of a planned 300-500MW solar PV project in the Tufail region of Lebanon

DFI funding for Bangladesh transmission

The Bangladesh Government will rely on DFI support and sovereign funding for the expansion of a transmission grid

ADB seeks consultant for Uzbekistan waste PPPs

Uzbekistan is conducting pilot PPP projects to overhaul solid waste management (SWM) systems in two cities with transaction adviser Asian Development Bank seeking an international consultant to conduct a pre-feasibility study

AfDB approves grant for Ethiopian IPP renewables

The African Development Bank (AfDB) has approved of a $1 million grant through its Sustainable Energy Fund for Africa for the government of Ethiopia’s Renewable Energy Programme

Vicentin signs new pre-export facility

Argentina-based agribusiness Vicentin has signed on a new $150 million long-term financing to support working capital needs

Karimi steps down from FMO board

Dutch development bank FMO has confirmed that Farah Karimi is to step down from its supervisory board as of 10 June

Standard Chartered launches Trade AI Engine to clients

Standard Chartered has launched a new trade document processing tool, developed in partnership with IBM, to clients in 30 countries across Asia, Africa, the Middle East and the UK

EIB invests in Northvolt battery factory

The European Investment Bank (EIB) has committed €350 million ($390 million) to support Swedish green company Northvolt to finance Europe’s biggest lithium-ion battery factory in Skellefteå, Sweden

MUFG revises policy on coal-fired projects

MUFG has set new sustainable finance goals and revised its environmental and social policy framework, with a new ban on financing for new coal-fired power generation projects as of 1 July

ADB seeks EOIs for water PPP in Uzbekistan

The Uzbekistan Government's transaction adviser issued on 18 May 2019 a request for expressions of interest (EOIs) from water sector specialists to help on the transfer of services under PPP in four cities

Multilateral mulls guarantee for Cambodia transmission

The board of a multilateral financial institution expects next month to consider covering the refinancing loans by international lenders to Cambodia's first foreign-owned BOT 230kV power transmission project

BCLP adds finance partner in Singapore

Bryan Cave Leighton Paisner (BCLP) has appointed Dominic Gregory as a partner based in Singapore, strengthening the firm’s global banking practice in Asia

Nigeria seeks China Exim loan for hydro project

Nigeria’s federal executive council will apply for a $1 billion loan from China Exim Bank for the multipurpose 360MW Gurara II hydropower project on the River Gurara in Niger State