Latest News

Italy / UK trade boost on cards

The UK’s international trade secretary has announced the launch of discussions on a new export and investment partnership between UK and Italy that is designed to boost trade between the two nations

IDB Invest signs financing for Colombian port

IDB Invest has signed a $200 million financing deal to support the development of the Antioquia Port project in Colombia.

ADB targets climate financing to reach $100bn

Asian Development Bank has elevated its climate financing ambition for developing member countries (DMCs) from $80 billion to $100 billion for the years 2019 to 2030

OPEC fund supports El Salvador MSMEs

The OPEC Fund for International Development has signed a $35 million loan agreement with Banco de Desarrollo de El Salvador (BANDESAL) to support the post-COVID-19 recovery for El Salvadoran MSMEs

Debt signed on containerboard pathfinder

Norske Skog has entered into debt facility agreements valued at €265 million to finance its €350 million investment in recycled containerboard conversion projects

Korea Eximbank prices green bonds

The Export-Import Bank of Korea has raised nearly $2 billion by issuing Euro- and US dollar-denominated green bonds this week to investors around the world

ICD leads financing in aviation deal

The Islamic Corporation for the Development of the Private Sector (ICD) and ALAFCO Aviation Lease and Finance Company have signed a 4-year syndicated secured financing agreement for $75 million

Uzbek gas transport loan signed

Gazprombank and Bank GPB International have signed a loan insurance agreement with the Russian Agency for Export Credit and Investment Insurance (EXIAR) for a key energy deal in Uzbekistan

Burkina Faso mulls battery storage PPPs

Burkina Faso’s Ministry of Energy and utility SONABEL has produced an IFC-backed roadmap that proposes the deployment of 160-220MWh of battery storage developed through PPPs

Free Cox takes global trade role at Citi

Chris Cox is to take on the role of Citi's new global head of trade and working capital solutions sitting in the treasury and trade solutions division – operating out of London

DFC deployed record $6.7bn in FY 21

The US International Development Finance Corporation (DFC) committed $6.7 billion to support private sector development projects in fiscal year (FY) 2021, ended 30 September

Eight expands mandate with new hire

Boutique consultancy Eight Advisory has expanded its offering with the launch (12 October 2021) today of its banking, insurance and financial institutions division.

DP World and CDC create African ports investor

Emirati ports developer DP World and CDC Group have created a $1.7 billion investment platform to support the development of ports and logistics in Sub-Saharan Africa

Bottomline launches API tech solution

Bottomline – a provider of financial technology for business payments – has announced the latest API-based payments tracking service for banks worldwide, integrating SWIFT gpi data

Vietnam seeks private investment for seaports

Vietnam's Ministry of Transport (MOT) is mulling a proposed mechanism that allows easier capital mobilisation to attract private investment into the country's seaport projects.

Endeavour takes control of loans

Endeavour Mining has announced the pricing of its offering of $500 million fixed-rate senior notes due 2026 as part of its refinancing strategy

Makhmudova assumes EBRD role in Azerbaijan

Kamola Makhmudova has assumed her role as the new head of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan, operating out of Baku from the start of 2022