Latest News

Sasfin acquires equity stake in fintech lender

South African bank Sasfin has invested equity in digital lending startup Payabill, which will now be able to provide larger loans to SMEs

EC approves floating offshore wind demos

The European Commission has approved plans for four demonstration floating offshore wind projects off the coast of France

ADB appoints new regional VP in Asia

Asian Development Bank (ADB) announced today (26 February) the appointment of Ahmed Saeed as vice-president for Operations 2

SIDA to expand African off-grid solar programme

The Swedish International Development Cooperation Agency (SIDA) will expand its off-grid solar programme into three Sub-Saharan African countries

JICA names adviser for Nepal hydro

Japan International Cooperation Agency (JICA) has appointed Kansai Electric Power and subsidiary Newjec to serve as its consultant on hydro power PPPs in Nepal

IFC leads debt on Engie solar in Senegal

The IFC and two other DFIs are expected provide debt to support two Scaling Solar projects in Senegal being developed by an Engie-led consortium

OPIC provides debt funding to ReNew Power

Overseas Private Investment Corporation is providing a second round of debt financing to India’s ReNew Power

IFC signs loan for Comoros telecom

The IFC has signed with Telecom Comores a €13 million loan for a $74 million project to expand the company’s mobile network on the island of Comoros

Türk Eximbank signs loan with IITFC

Türk Eximbank has signed on a $380.5 million loan with a bank syndicate led by the International Islamic Trade Finance Corporation (IITFC)

Zambia pushes forward with KfW's GET FiT

The government of Zambia is pressing on with its two ongoing rounds of KfW's GET FiT Zambia programme – with a third round soon to follow

ADB issues RFP for Uzbek gas transmission

Asian Development Bank has invited shortlisted consulting teams to submit proposals to conduct due diligence on a proposed loan for a $300 million gas transmission efficiency enhancement project in Uzbekistan

SMBC test-drives blockchain platform Marco Polo

Japanese bank SMBC has confirmed it has completed a proof of concept of Marco Polo, the trade finance platform powered by Corda blockchain technology

EBRD launches GEFF in Armenia to support SMEs

The EBRD has launched a new Green Economy Financing Facility (GEFF) in Armenia that will support SMEs in funding investments in green technologies

EOIs out for ADB-backed Bangladesh toll road

Bangladesh has set a deadline for firms to submit EOIs for the first phase of the $4 billion Dhaka-Chattogram toll expressway PPP

EBRD signs TF loan with Uzbek bank

The European Bank for Reconstruction and Development (EBRD) has signed a $5 million senior loan with Uzbekistan-based Ipak Yuli Bank for trade finance lending

EIB reviews French offshore wind support

The European Investment Bank is reviewing loans for two French offshore wind farm projects – the 498MW Fécamp and 480MW Saint-Nazaire projects