Latest News

AIIB-backed PE fund heads toward target

Asian Infrastructure Investment Bank (AIIB) has agreed to be a limited partner in a private equity fund focused on infrastructure managed by Asia Investment Fund Management (AIFML) – an obscure Hong Kong-licenced investment management firm

Hack replaces MacNamara at Deutsche Bank

Deutsche Bank has appointed Sandra Hack to replace John MacNamara as the bank’s global head of structured commodity trade finance.

JBIC lends to Chilean desal project

Minera los Pelambres has signed a loan with JBIC to finance infrastructure associated with the Los Pelambres copper mine expansion and desalination plant in Chile

Advisers shortlisted for ADB-backed roads in Myanmar

Myanmar’s Ministry of Construction (MOC) and the ADB have shortlisted legal advisers and outline business case (OBC) consultants to assist with four upcoming brownfield road concessions

EBRD backs North Macedonia's first IPP

Elektrani na Makedonija (ELEM), North Macedonia’s state-owned electric utility, has launched a tender for the supply and installation of a 10MW utility-scale solar project

Colombian port files for IDB loan

Colombia's Puerto Antioquia has requested a $112 million loan from IDB Invest for the development of a port project following the selection of a preferred bidder in March

AIIB approves funding for Chattogram power transmission

Asian Infrastructure Investment Bank has approved a $120 million loan to state-owned Power Grid Corporation of Bangladesh to extend and upgrade Chattogram's power transmission system

AfDB invest in West African SMEs fund

The board of the African Development Bank has approved an equity investment of €12.5 million in a private fund managed by Adiwale Partners that supports small and medium sized enterprises based in Francophone West Africa

ECAs on Petronas, Saudi Aramco RAPID debt

Debt financing is signing today for Petronas and Saudi Aramco’s Refinery and Petrochemicals Integrated Development project within the wider Pengerang Integrated Complex in Malaysia

NEXI backs debt for Al Layyah gas-fired

Nippon Export and Investment Insurance will provide loan insurance on the commercial bank tranche of a $482 million debt package to fund the acquisition of power generation required to construct a 1,026.3MW combined-cycle gas-fired facility at the Al Layyah power plant

Colombia's FDN supports 4G road

Colombian development bank Financiera de Desarollo Nacional has approved a liquidity facility for the Rumichaca-Pasto 4G highway project

ADB-backed Riau gas-fired reaches financial close

Medco Power and Ratchaburi Electricity, sponsors on the 275MW gas-fired power plant in Riau province on Sumatra Island in Indonesia, have achieved financial close on the project

Almaty Ring Road's financing firms up

The EBRD and IFC are expected to provide a combined $350 million in senior loan financing for the 66km ring road around Kazakhstan’s largest city Almaty – the central Asian country’s first PPP project

AfDB approves loans for DR Congo mini-grids

The African Development Bank has approved a $20 million loan to the government of Democratic Republic of Congo, to support three renewables-based mini-grid projects

Commerz & LBBW in blockchain pathfinder

Commerzbank and LBBW have marked a trade finance first working with Voith and KSB in the facilitation of the digital transformation of trade finance solutions based on blockchain technology

Sinohydro takes contract for Morocco airport expansion

Morocco’s Office National des Aéroports has awarded the construction contract of a new terminal at Rabat-Salé airport to a Sinohydro-led consortium, having disqualified the lowest bidder

ADB assists on Vietnam solid waste PPP advisory tender

The Asian Development Bank is providing technical support to Vietnam’s Ministry of Construction with today's invitation to consulting firms for expressions of interest in advising on solid waste PPPs

President of Colombia's FDN steps down

Clemente del Valle, president of the Colombian development institution Financiera de Desarollo Nacional, has stepped down