Pakistan’s Ministry of Energy has extended the financial close deadlines of two China-Pakistan Economic Corridor projects – the $1.66 billion Matiari-Lahore transmission line and $542 million Gwadar coal-fired power plant
Saudi Arabia’s sovereign wealth fund Public Investment Fund is to invest $45 billion in SoftBank’s second Vision Fund
Korea's Daehan Wind Power and Saudi Arabian Abour Energy have reached financial close on their respective IFC-backed wind projects located in Tafila, Jordan
The International Finance Corporation (IFC) has signed off on a Rs10 billion ($136 million) green loan for Aditya Birla Finance, an Indian financial services company
German development bank KfW has signed two contracts with Côte d'Ivoire’s Ministry of Economy and Finance for the financing of a 37.5MWp solar PV project in Boundiali
European Bank for Reconstruction and Development (EBRD) is considering a Tenge130 billion ($354 million) senior loan to Beineu-Shymkent Gas Pipeline (BSGP)
The ADB and the government of India have signed a $150 million to fund road connectivity in northern West Bengal and north-eastern India
The African Development Bank (AfDB) has signed a €75.4 million ($85.6 million) loan to co-finance a €117.4 million ($135 million) water distribution project in Grand Libreville, Gabon
The European Investment Bank (EIB) is considering a €120 million ($134 million) loan for the €191 million rehabilitation of the M1 single carriageway in Malawi
Saudi Arabia’s Public Investment Fund (PIF) has denied international press reports suggesting that its $200 billion solar collaboration with Japanese lenders SoftBank has been shelved
Brazil's state-run development bank BNDES has created a new credit line to finance renewable energy projects in the country
The US Trade and Development Agency (USTDA) has signed a $1.15 million grant with Globeleq to fund a feasibility study for a 100MW wind power plant in Muchinga Province, Zambia
Brazilian development bank BNDES has approved R619 million ($153.3 million) in financing for 13 wind farms located in the Rio Grande do Norte state, in the Northeast region of Brazil
Dutch development bank FMO has now issued an additional $250 million in local currency bonds in 2018, taking the total it has raised via this financial product to $500 million
Three of the banks which were part of the Batavia blockchain consortium have joined rival we.trade which also uses an IBM platform
The Asian Development Bank (ADB) has approved a $41 million grant to rehabilitate water supply and sanitation infrastructure in Dushanbe, Tajikstan’s capital
The African Development Bank (AfDB) has approved a $266 million loan for the government of Rwanda’s $3.3 billion Energy Sector Strategy Plan (EESP) to improve the country’s electricity transmission network
Bahrain-based Bank ABC has named Amr El Nokaly as its new group head of corporates. He will be based at the bank’s headquarters in Bahrain
Cynthia Pamela Addo has resigned from her position as deputy CEO of the Ghana Export-Import Bank to take up a position within Ghana’s judicial service
Singapore-based global agri-business Olam International has closed on a $1.425 billion revolving credit facility which will refinance existing debt
Trade Finance has published its league tables for the third quarter of 2018
The supply chain finance ecosystem is vast and payables finance programmes are plentiful, but what makes a good one? Joao Luiz A Galvao, Deutsche Bank’s Global Head of Supply Chain Finance, explains
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