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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

Adviser signs for Pacific islands airport upgrade

An Australian adviser has signed a contract with a multilateral development bank to assist on an airport brownfield in the Pacific islands, following a nearly 3-month evaluation of shortlisted teams

Loan approval imminent on Central Asia airport

A development finance institution is soon to approve a non-sovereign loan to the project company of a roughly $738 million upgrade at an airport in Central Asia

IDB Invest to finance FSRU in El Salvador

IDB Invest is preparing a debt package to finance the purchase of an LNG tanker and its conversion into a floating storage and regasification unit in El Salvador

DFIs to lend on Globeleq’s Mozambican gas-fired

Three DFIs are in the frame for the $391 million debt financing for the $624 million, 450MW Temane gas-fired project being developed by a Globeleq-led consortium in the Inhambane Province, Mozambique

DFI to finance Myanmar telco

A development finance institution said that it will provide a loan to a Myanmar information and communication technology company on an $80 million project

Development bank mulls loan to Vietnam LNG

A development bank has expressed interest to provide a loan to an estimated $2.8 billion LNG project on Vietnam’s southeast coast

Advisers sought for Somali private sector healthcare solution

The World Bank has invited expressions of interest from consultancy firms for the advisory services on the potential development of a PPP framework in the country’s healthcare sector in Somalia

ADB approves loan for new Myanmar expressway

The Asian Development Bank yesterday approved a $484 million loan to the Myanmar government for the 64km second Greater Mekong Subregion expressway

Kazakh renewable energy nears closure

The project company of a $140 million greenfield wind farm in southern Kazakhstan is clearing conditions precedent on its primary financing package

Thailand signs Thai-China HSR contract

Thailand and China have signed the 252km Bangkok-Nakhon Ratchasima high-speed rail (HSR) project contract 2.3 for Bt50.63 billion

Brazil unveils power plan

Brazil’s power generation and transmission lines auctions to be held until the end of 2022 will require investments totaling R88 billion ($16.6bn), according to power regulator Aneel’s director-general Andre Pepitone

Fitch rates PEFCO, but with negative outlook

Fitch Ratings has affirmed Private Export Funding Corporation's (PEFCO) long- and short-term issuer default ratings (IDRs) at AAA and F1+, respectively. The rating outlook is negative

DFC mulls loan for Namibia mine

Lepidico has entered into an agreement with the US Development Finance Corporation (DFC) to assess its Karibib Phase 1 Project in Namibia for potential financing

The DFC rounds off SE Asia tour

A US government delegation – led by International Development Finance Corporation (DFC) chief executive Adam Boehler – visited Indonesia, Vietnam, and Myanmar October 22-27 to explore investment and trade opportunities in the Indo-Pacific region

Gautrain expansion starts rolling

A proposal for the expansion of the Gautrain that would see the highspeed railway link Soweto to Johannesburg is awaiting approval from the National Treasury

DFC funds Rio's public lighting

US development bank DFC has signed a letter of intent to finance Rio de Janeiro’s public lighting PPP project in Brazil

BNDES to fund 2 solar projects in Brazil

Brazilian development bank BNDES has approved financing for the construction of 2 solar projects, totaling over R1.1 billion ($196 million)

Sri Lanka approves HSR PPP feasibility study

Sri Lanka’s Board of Investment (BOI) has approved beginning a feasibility study about a roughly $2.7 billion high-speed rail (HSR) PPP project in the Colombo metro area