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EBRD launches GEFF in Armenia to support SMEs

The EBRD has launched a new Green Economy Financing Facility (GEFF) in Armenia that will support SMEs in funding investments in green technologies

China Railway joins Makati subway PPP

China Railway Construction subsidiary China Civil Engineering Construction will be investing in the Makati underground railway PPP in Manila

Chile to launch RFP for HSR

Chile is to incorporate the proposed high-speed rail connecting Valparaíso and Santiago into the government's concession system, according to the ministry of transport and telecoms

Malaysia cancels East Coast Rail Link

The Malaysian government has officially cancelled the planned 688km East Coast Rail Link

Gaia/IFC programme hires new manager

Moroccan renewables developer Gaia Energy has brought on board Bertand Belben as platform manager for the Gaia/IFC renewable power co-development programme based in the North African state

AFC signs bridge loan for Singrobo hydro

The African Finance Corporation has signed a €149.6 million bridge loan facility with Ivoire Hydro Energy to progress the 44MW Singrobo-Ahouaty hydropower project on the Bandama River in Côte d’Ivoire

Multilaterals to back Argentine road PPPs

Argentina is negotiating terms with multilateral institutions to finance six road corridors – part of its PPP programme – that were awarded in 2018

SCB completes blockchain first

Standard Chartered Bank has completed its first blockchain-enabled, cross-border trade transaction in Singapore for Agrocorp International and its extended supply chain network

Thailand's Laem Chabang port expansion delayed

Thailand's Laem Chabang phase 3 project – a cornerstone of Thailand’s eastern economic corridor – has suffered a delay following a disappointing bid opening

Guidry Group to sign concession for Libyan port PPP

The Guidry Group is due to sign a concession agreement with Libya's Tobruk-based government to DBOT a deep-sea port project near the city of Susah

DBS faces tough sell on ‘last’ Indonesian coal-fired

DBS Bank is in early discussions with lenders for a financing of the 2x 1GW Java 9 & 10 coal-fired power station in Indonesia, but is having to deal with a much reduced pool of potential participants

Morocco invites bids for water rehab

Morocco's Office National de l’Electricité et de l’Eau Potable is inviting bids for three water rehabilitation schemes as part of the EBRD-supported ONEE Water Supply Project

AfDB approves investment in Africa renewables fund

The AfDB has approved a $25 million equity investment in the ARCH Africa Renewable Power Fund to finance roughly 533MW of renewable energy projects across Sub-Saharan Africa

ADB mandated to set up new renewables finance bank

The Asian Development Bank has been mandated by the International Solar Alliance to set up a new bank to finance renewable projects

JICA approves loan for North-South Railway rolling stock

Japan International Cooperation Agency has approved a loan to fund procurement of rolling stock and a railway system for the greenfield 56.5km North-South Commuter Railway in Manila

Alba closes second Line 6 ECA tranche

Aluminium Bahrain, the Bahrain-based aluminum smelter, has closed on the second tranche of ECA financing for its $3 billion Line 6 expansion project

Ethiopia to launch IFC-backed Scaling Solar tender

Ethiopia's Office of the Public-Private Partnership is set to tender six solar PV projects with a combined installed power capacity of 798MW and an overall cost of $798.9 million. Two of the six projects will be developed under the IFC's Scaling Solar programme

JBIC in talks for Java 3 coal-fired

The sponsors for the 800MW Java 3 gas-fired power plant in Indonesia are looking to close on the transaction by the end of 2019, and are understood to already be holding talks with Japan Bank for International Cooperation

AfDB promotes Kumar in Côte d'Ivoire

The African Development Bank has promoted Arun Kumar to principal investment officer based in Côte d'Ivoire