Three of the banks which were part of the Batavia blockchain consortium have joined rival we.trade which also uses an IBM platform
The Asian Development Bank has signed off on a $346 million loan to fund upgrades to over 400km of state highways in Karnataka
ASX-listed Aspire Mining is to raise new funding to complete the feasibility study for a railway to service the Ovoot coking coal mine in north west Mongolia
Small-scale renewable energy solutions provider Daystar Power has signed on a loan with German development bank DEG to finance the roll-out of hybrid solar power systems in West Africa
Specialist finance provider Falcon Group has continued to grow its presence in Australasia by opening a new office in Auckland, New Zealand
Financial services software provider Finastra has joined Middle East-based fintech hub Bahrain FinTech Bay
The European Bank of Reconstruction and Development has completed it concept review for a loan supporting a 100MW solar PV project in the Karaganda region of Kazakhstan
Symbion Energy has picked UK-based Clarke Energy as its technology provider for the two gas-fired power projects it is developing at Lake Kivu in Rwanda
An African Development Bank-backed infrastructure debt fund – the Off-Grid Energy Access Fund – has reached a $58 million first close
The UK government has committed an additional £5.5 billion ($7.08 billion) in funding for national export credit agency UK Export Finance (UKEF) to invest in eight African markets
Total has signed a binding letter of intent to sell its 26% minority equity stake in the Hazira LNG regasification terminal and port venture in Gujarat, India to its co-shareholder Shell
The US Trade and Development Agency yesterday awarded a grant to Ethiopia-based TM Geothermal Operations to finance feasibility studies for the first 50MW of the planned 520MW Tulu Moye geothermal project
Shareholders of struggling commodities trader Noble Group yesterday (27 August 2018) approved a debt-to-equity restructuring deal with creditor which will see its senior debt cut from $3.4 billion to around $1.7 billion
Mongolia’s Ministry of Energy is seeking consultants to help it design a renewable energy programme
The Kenyan Ministry of Transport and Infrastructure will agree to a Sh380 billion loan for the second phase of the Standard Gauge Railway next month
The World Bank yesterday committed to lend $30 million to Togo to advance its Urban Development and Infrastructure Programme.
The newly-established Canada Infrastructure Bank has agreed a C$1.28 billion loan to the C$6.3 billion Réseau express métropolitain project in Montréal. It is the first ever investment by the state-owned lender.
Exim Thailand has introduced two new credit facilities in order to support the country’s medium-scale exporters.
The US and Panama have signed a memorandum of understanding to promote energy and infrastructure investments.
Louis Dreyfus Asia has expanded its three-year revolver to $600 million, up from last year’s $500 million.