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Collingwood joins Finverity

Finverity, the mid-market supply chain finance platform with a focus on emerging markets, has made Alex Collingwood head of corporate sales and origination

ADB backs Georgian rail

The Asian Development Bank (ADB) has invested $20 million in green bonds, issued by Georgian Railway JSC, with proceeds to be used primarily to roll over maturing Eurobonds that it had issued to improve existing railway lines as a part of an ongoing modernization project

FC for Macedonian wind farm

BNB Kompani has reached financial close on the 36MW Bogoslovec wind farm in Northern Macedonia

eThekwini Municipality takes a dive into water PPPs

The eThekwini Municipality in South Africa is completing the pre-development work for two new wastewater PPPs and is also expected to launch a new PPP tender for the existing Durban Water Reuse plant

ADB ups SeABank credit limit to $30m

The Asian Development Bank (ADB) has increased Southeast Asia Commercial Joint Stock Bank’s trade finance limit to $30 million while maintaining the $5 million limit of 6-month-tenor revolving loan

IFC ponders loan for Togolese telecom company

The IFC is considering a €50 million loan for Togolese telecommunications company Togocom to modernise and expand its network in the West African state

UK infra bank open for business

UK chancellor Rishi Sunak has formally opened the UK Infrastructure Bank (UKIB), furthering the government’s plan to “level up and create new opportunities” across the country

Lender approves Uzbekistan CCGT financing

The last lender has approved its participation on a $1.02 billion power plant complex in central Uzbekistan, following the project’s breaking ground in January

ADB approves refinancing of Vietnam solar farm

The Asian Development Bank (ADB) has approved up to $160.5 million to refinance the 240MW Dau Tieng Tay Ninh solar power project in Vietnam

Niger joins IFC’s Scaling Solar programme

The government of Niger has signed with the IFC a partnership under the World Bank Group member’s Scaling Solar programme

EBRD & partners promote digital trade

The European Bank for Reconstruction and Development has facilitated two trial transactions between National Bank of Greece and Citi on the digital trade finance network Contour.

UK / Oz trade agreement – railroad joy

The Railway Industry Association, and a number of its members, have welcomed the signing today of an agreement in principle between the Australian and UK Governments, paving the way for a Free Trade Agreement

Falcetti takes EBRD head role for Poland

Elisabetta Falcetti has started as the new head of the European Bank for Reconstruction and Development in central Europe and the Baltic states

Maldives invites BESS proposals

The government of Maldives has invited pre-qualifications from bidders to deploy battery energy storage systems (BESS) with a combined 40MW / 40MWh capacity as part of a nearly $110 million renewable energy project in the archipelago

AFD lends on Tanzanian solar PV

The AFD has signed with the government of Tanzania a €130 million loan for a 50MW solar plant in the Shinyanga Region

FC for Polish wind extension

Mashav Energia has signed project financing for a 37.4MW extension to its 220MW Potegowo onshore wind farm in Poland

BNDES scopes out future Cais Mauá concession

BNDES and the state government of Rio Grande do Sul are to hold a series of workshops as plans for a new concession to regenerate the port area of Cais Mauá take shape

G7 big announcement on the DFI front

The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD, and the EIB today announced that they were committed to investing $80 billion in the private sector over the next 5 years to support sustainable economic recovery and growth in Africa

AfDB launches A$600m Kangaroo bond

The African Development Bank has launched an A$600 million, 5.5-year Kangaroo social bond which will be used to tackle energy and infra on the continent