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Philippines approves 7 infras worth $2.49bn

Philippines' government, led by the Macros administration, has approved 7 infrastructure projects with a total investment value of $2.49 billion

GuarantCo and Orabank sign infra guarantee

PIDG-member GuarantCo has signed with Orabank Côte d'Ivoire a $15 million guarantee to support the latter’s infrastructure portfolio in the west Africa region

ADB approves loan for Cambodia renewables

Asian Development Bank has approved a sector development program comprised of a $50 million policy-based loan package and $23 million in project investments to support the energy transition of Cambodia

Countries offer $15.5bn to Vietnam for energy transition

Vietnam has become the latest country to join the Just Energy Transition Partnership (JETP), accepting a $15.5 billion public and private finance offered by a group of high-income countries to transition away from coal.

CABEI approves landmark Costa Rica loan

The Central American Bank for Economic Integration (CABEI) has approved a record-breaking $700 million credit to modernise and reconstruct infrastructure in Costa Rica following the passage of several tropical storms.

Brazilian state takes over part of highway concession

The government of Brazil’s Mato Grosso state has purchased part of the BR-163 highway PPP from creditors of former concessionaire Novonor for the symbolic price of R$1.

Globeleq signs debt for Menengai geothermal

Africa-focused power developer Globeleq has signed with 3 lenders a $71.9 million debt package for the 35MW Menengai geothermal power project in Nakuru County, Kenya.

Thailand approves deep-sea port PPP

The Thai government has given its approval for the Industrial Estate Authority of Thailand (IEAT) to develop a Bt14.8 billion ($427m) dock PPP at Map Ta Phut deep-sea port in the Eastern Economic Corridor.

Meralco seeks US grant for nuclear study

Filipino power distributor Manila Electric plans to obtain a grant from the United States Trade and Development Agency to study nuclear energy in the archipelago

AMEA Power wins BW6 solar project

An AMEA Power-led consortium has been awarded the $120 million, 120MW Doornhoek solar project as part of bid window 6 (BW6) of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REI4P)

Arqit signs supply chain tech deal with Traxpay

Encryption specialist Arqit Quantum has signed a contract with Traxpay – a leader in supply chain financing solutions – to deliver quantum-safe digital finance instruments, enabling supply chain actors to conduct business more efficiently and securely in the new digital trade era

TradeSun snaps up Coriolis Technologies

TradeSun – a provider of artificial intelligence solutions for trade compliance and automation – has acquired data company Coriolis Technologies, to accelerate ESG-compliant trade

Uzbekistan’s solar moves to RFP

Uzbekistan’s Ministry of Energy has announced the launch of the request for proposals (RFP) stage for independent power producers to develop a 300MW solar PPP in the south east.

BNDES approves financing for sanitation PPP

Brazilian development bank BNDES has approved financing for the first 12 years of Blocks 1 and 4 of Rio de Janeiro's water and sewage services infrastructure PPP.

AFC signs equity injection with member-states

The Africa Finance Corporation (AFC) has announced a $38 million share capital increase following an equity injection signed with 4 members.

Saudi, China sign energy and infra contracts

Saudi and Chinese companies have signed 34 energy and infra investment agreements as part of Chinese President Xi Jinping's 3-visit to the Kingdom

AIIB, TSKB back Turkey climate mitigation

Asian Infrastructure Investment Bank has signed a $200 million on-lending facility with the Industrial Development Bank of Turkey to support the country to reach climate mitigation and adaptation goals in line with the Paris Agreement

Colombia riverway PPP awarded

The Colombian government has awarded Sacyr's local subsidiary the Canal del Dique PPP after several months’ delay

ADB mandated for $400m Bangladesh expressway

The government of Bangladesh has mandated the office of public-private partnership, under the Asian Development Bank, to advise on a PPP road connectivity project in Bangladesh

G7 offers $15bn to Vietnam to quit coal

The G7 countries is planning a new offer of $15 billion public and private finance to Vietnam in hopes it can sway the country to pursue energy transition away from coal.