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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

GSCFF releases payables guidance

The Global Supply Chain Finance Forum (GSCFF) – an initiative comprising leading finance institutions – has released a new guidance document on payables finance, to aid financial institutions, accounting firms, rating agencies and regulators in gaining clarity and consistency on the various terms and techniques

Recruiter extends advisory EOI deadline

An adviser to a government-owned company of a state on India's Malabar Coast has extended the deadline for consultancy firms to express their interest to assist on transport PPP projects

NSW unveils A$32 billion energy roadmap

The government of New South Wales (NSW) has unveiled a A$32 billion ($22.8bn) private investment plan for new electricity infrastructure

BNDES signs up Accenture for education PPPs in Brazil

Brazilian development bank BNDES has signed a contract with a consulting firm to develop the studies that will serve as the basis for the pilot PPP project for early education in the municipality of Teresina, the capital of Piauí state

Chile launches infra plan to boost economy

Chilean ministries of public works (MOP), transport and finance have launched an infrastructure package to boost the economic recovery in the country

Deutsche supports BASF in China

Deutsche Bank has established a supply chain financing solution for BASF China, supporting the company and its suppliers in China with world-class working capital capabilities

DMCC launches in China

DMCC – the Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced the official opening of a representative office in Shenzhen, China

EIB and EDFI join forces for push

The EIB and European bilateral development finance institutions (EDFI) members have expanded the existing European Financing Partners (EFP) scheme to reduce the economic impact of Covid-19 on companies in developing countries

Fiji solar recruits commercial-close advisers

The transaction adviser to a solar energy project in Fiji Islands is calling on consultancy firms to express interest to assist with reaching the project's commercial close

EDFI to exit fossil fuels

The Association of European Development Finance Institutions has announced that it will stop investing in fossil fuel projects by 2030.

GreenCo to establish renewables intermediary in Zambia

Zambia-based energy company Africa GreenCo Group has signed $1.5 million in convertible loans from two lenders to establish an intermediary offtaker of renewable energy in the Southern African state through its subsidiary GreenCo Power Services

Squire hires new financial partner in Riyadh

Squire Patton Boggs has hired Ahmed Butt as a financial services partner – he brings his Islamic finance expertise to the firm’s office in Riyadh, Saudi Arabia

AFD lends on Casablanca tramway

The AFD has signed with CTSA a $120 million loan for the construction of the $765.7 million T3 and T4 lines of the Casablanca tramway in the Moroccan capital city

Siddiqi joins #dltledgers

Cross-border trade digitisation platform #dltledgers has hired veteran banker Farooq Siddiqi as its Co-chief executive

Alfa joins Contour initiative

Alfa-Bank has joined the Contour international network of trade finance, which interconnects trade companies and banks and ensures fast, reliable and transparent process of drafting, issuing and advising L/C

Fluence finally meets CPs for Ivorian wastewater

US-based developer Fluence Corporation has reached financial close on its €165 million water treatment plant at the Lagune Aghien freshwater reserve near Abidjan, Côte d’Ivoire

MDB invites advisers on Timor-Leste PPP

A multilateral development bank is recruiting an adviser on a solid waste management PPP project in South East Asia country

Details emerge on Welsh road PPP FC

IJGlobal has learned the financing details of FCC/Meridiam’s A465 road PPP project in Wales

Taiwan OSW bond nears

Danish renewable energy company Ørsted announced today its intention to issue green bonds in local currency to help finance the 900MW Greater Changhua 1 & 2a offshore wind farm