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DFC takes action on Ecuador

Adam Boehler, the US International Development Finance Corporation (DFC) chief executive, has joined officials from the Republic of Ecuador – including President Lenin Moreno and Finance and Economy Minister Mauricio Pozo Crespo – to sign a framework agreement to refinance debt and support private sector investment in the country

Utico set to win Hassyan IWP

DEWA is set to announce that a Utico-led consortium is the preferred bidder for its restructured 120 migd Hassyan IWP project

Advisory tender launched for day care PPP in Morocco

The IFC has invited expressions of interest from consultancy firms for the technical advisory contract on a Nursery PPP project in Morocco

Fiji solar eyes another adviser

The transaction adviser to a solar energy project in Fiji Islands aims to enlarge its advisory team to assist with reaching the project's commercial close

Bamboo appointed manager of Madagascan off-grid fund

The World Bank and the government of Madagascar have appointed Bamboo Capital Partners as the international fund manager of the $40 million Off-Grid Development Fund on the island nation

UK / NZ trade talks – this week

The House of Lords International Agreements Sub-Committee will meet this week – Wednesday (18 November) – to hear from the New Zealand High Commissioner on UK-NZ trade talks

Celsia requests IDB receivables loan

Latin American power producer Celsia has requested an up-to-$60 million credit line from IDB Invest to mitigate the impact of Covid-19 measures on its businesses in Colombia.

ADB invites EOI for floating solar in Pacific Islands

The Asian Development Bank has launched a tender for technical advisers to prepare floating solar plus projects under the Pacific Renewable Energy Investment Facility in the Pacific Islands

StanChart and CDC cement TF deal

Standard Chartered and CDC Group – the UK’s development finance institution and impact investor – today (13 November) announced an additional $100 million commitment to their existing master risk participation agreement

SNIB wins EC green light

The European Commission has approved – under EU State aid rules – Scotland’s plans to set up a new national development bank, the Scottish National Investment Bank

Angolan solar PV gets funded

One of the largest solar projects in sub-Saharan Africa to date, a complex of 7 solar farms with a combined capacity of 370MW in Angola has closed financing

ADB joins the dots in Vietnam

The Asian Development Bank (ADB) this week signed an agreement with SeABank under the Trade and Supply Chain Finance Program (TSCFP) to support trade in Vietnam

CFM and ERS to build solar-storage in Senegal

Climate Fund Managers (CFM) and Energy Resources Senegal (ERS) have entered into a joint development agreement to develop a solar-plus-storage system in Niakhar, Senegal

Africa's Helios Towers aims for IFC debt

Africa-focused telecoms company Helios Towers has requested a debt package of up to $200 million from IFC and up to $225 million in mobilization of parallel loans to support the firm’s expansion in the continent

GI Hub reveals global decline

A report by the Global Infrastructure Hub (GI Hub) has found that private investment in primary infrastructure has been in steady decline over the past decade

WB report on infra delivery

A World Bank report has been published evaluating how well developing-country governments fare in setting the regulatory stage to prepare, procure, and manage large infrastructure projects

DFI recruits ESG adviser on Bangladesh transport

A development finance institution today issued a request for expressions of interest from consultancy firms to assist on the project preparation of a proposed transport asset in Bangladesh

Danish rail sector bolstered

The Nordic Investment Bank (NIB) and the Danish state railway company (DSB) have signed a loan agreement of €400 million to finance the acquisition of electric rolling stock to cover the period 2020–25

Egypt wins support for green investment

The EBRD, EU and the Green Climate Fund (GCF) are responding to the impact of the coronavirus pandemic on the Egyptian economy by boosting green finance and the development of value chains for the private sector