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USDOT announces port grants

The US Department of Transportation will award $220 million in funding to improve port facilities in 15 states via the Maritime Administration’s Port Infrastructure Development Program

Positive results for Phnom Penh Logistics PPP

The result of the pre-feasibility study for the Phnom Penh Logistics Complex in Cambodia is positive, Chhieng Pich, the senior official of the Ministry of Public Works and Transport, has said

ABN Amro banker moves to IDB

A project finance banker who previously focused on South America at ABN Amro has joined IDB Invest's infrastructure and energy team

EBRD to lend on Gulf of Suez II

The EBRD has approved of a $50 million loan for the $560 million, 500MW Gulf of Suez II wind farm being developed by an Engie-led consortium in Egypt

DFI approves financing for Maldives WtE

Asian Development Bank has approved a sovereign loan for a roughly $151 million waste-to-energy project in the Maldives

Uruguayan road raising financing

Uruguay’s Autovías Cinco consortium is raising financing for the construction of Circuito 5 toll road

Brazil's Sabesp requests IDB Invest loan

IDB Invest is studying the possibility of providing a $17.46 million loan to Brazil’s Companhia de Saneamento Básico do Estado de São Paulo

IFC – Europe & Central Asia focus

The IFC supported private sector growth in Europe and Central Asia throughout the past year, helping sustain economies and protect jobs amid an unprecedented global crisis

Malawi to launch airports PPP programme

The government of Malawi has invited expressions of interest from consultancy firms for an advisory role on its Malawi Airports Public-Private Partnership project which may include up to seven assets in the Southern African state

ECOWAS to study waste-to-energy potential

ECREEE has invited expressions of interest from consultancy firms to conduct pre-feasibility studies for up to six waste-to-energy projects in West Africa

Mitsubishi’s ECO blockchain switch

Mitsubishi Corp’s metals and minerals resource trading subsidiary – Mitsubishi Corporation RtM Japan Ltd – has launched a blockchain platform for precious metals trading

Cheese halts play for UK-Japan trade deal

The finger of blame is being squarely pointed at cheese for the breakdown in trade talks between the UK and Japan

Sequoia backs Incomlend

Sequoia India – the India and South East Asia investment arm of the US-headquartered venture firm – has raised $20 million in Singapore-headquartered start-up Incomlend which operates a trading platform to connect exporters and importers with investors

Adviser sought for West Africa Clean Energy Corridor

The ECOWAS Regional Centre for Renewable Energy and Energy Efficiency has invited EoIs from consultancy firms for the advisory services on the West African Clean Energy Corridor initiative

EETC cancels West Nile CSP tender

The Egyptian Electricity Transmission Company has informed prequalified bidders for the 100MW West Nile concentrated solar power project that the tender has been cancelled

Kazakhstan’s first PPP reaches financial close

The project company of a 66km ring road around Almaty, Kazakhstan has reached financial close on a $585 million debt financing, following nearly 7 months of clearing conditions precedent

Moroccan bank opts for Finastra

Morocco-based commercial lender CIH Bank has gone live with Finastra’s Fusion Corporate Channels and Fusion Trade Innovation, to digitize its end-to-end corporate banking services

Italian gov ramps up plans for single broadband

The Italian government is rumoured to be seeking to become a prominent shareholder in the broadband company currently being set up to act as a sole service provider in the country

Grupo Ortiz requests IDB receivables loan

Spain's Ortiz Construcciones y Proyectos has requested an up-to-$20 million credit line from development finance institution IDB Invest to pay its suppliers in Panama, Colombia, and Mexico

Strong growth for global TF

The global trade finance market is currently witnessing strong growth, according to a report published by IMARC Group