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EBRD launches GEFF in Armenia to support SMEs

The EBRD has launched a new Green Economy Financing Facility (GEFF) in Armenia that will support SMEs in funding investments in green technologies

Deutsche Bank issues latest trade finance CLO

Deutsche Bank has today (3 December 2018) announced the issuance of a new $3.5 billion collaterilsied loan obligation of trade finance assets, to refinance an iteration of the same transaction which the bank launched three years ago

LBBW latest to join Marco Polo

LBBW is the latest bank to join Marco Polo, the trade finance network powered by Corda blockchain technology

UK gives carbon capture plans a reboot

The UK government has revived its carbon capture and storage plans by committing to invest £20 million ($25.6 million) in supporting the construction of carbon capture, usage and storage (CCUS) technologies

IEAT calls for demand study for Thailand LNG

Map Ta Phut industrial estate and port operator Industrial Estate Authority of Thailand (IEAT) has called for an LNG demand study to ease bidder concerns about the port terminal's Bt47.9 billion ($1.46 billion) expansion PPP

AfDB approves loan for Kopere solar PV

The African Development Bank (AfDB) has approved an $18.17 million loan to France-based renewables developer Voltalia for its 50MW Kopere solar power project on the border between Nandi and Kisumu counties in Kenya

AfDB to invest in AFC

The African Development Bank (AfDB) has approved a $50 million equity investment into the Africa Finance Corporation (AFC) to support its commitment to infrastructure projects across the continent

OPIC signs infra loans for Argentina

The Overseas Private Investment Corporation (OPIC), has signed six letters of interest to finance infrastructure projects in Argentina

EBRD funds waste-to-energy expansion in Jordan

The EBRD has signed a €7.4 million ($8.4 million) blended financing package with the Greater Amman Municipality (GAM) to support the expansion of the landfill gas (LFG) recovery system at the Al Ghabawi landfill in Jordan

New hire for MHI Vestas Offshore Wind

MHI Vestas Offshore Wind has hired Jason Folsom as national director of sales US, the company’s first official hire in the American market

Equinor, Global Petro Storage to build Port Klang LPG

Equinor and Global Petro Storage have agreed to develop jointly a liquefied petroleum gas (LPG) storage facility in Port Klang, 45km south west of Kuala Lumpur

AfDB supports Cameroon ring-road

The African Development Bank (AfDB) has approved a $17.96 million loan to finance the rehabilitation and upgrade of a 365km ring-road in the North-West Region, Cameroon

JICA signs grant for Nigeria transmission

The Japan International Cooperation Agency (JICA) has signed with the government of Nigeria a ¥2.349 billion ($20.7 million) grant for an electricity transmission rehabilitation project in Lagos, Nigeria

BADEA signs loans for African road and water rehab

The Arab Bank for Economic Development in Africa has signed up to $25 million in loans for road and water rehabilitation projects in Burundi and Malawi

EIB to sign loans for East and Central African telecom

The European Investment Bank (EIB) will sign up to €53 million ($60.1 million) in loans with Telekom Kenya and BCS Group for two telecommunication projects across East and Central African states

EIB backs India onshore wind financing

The European Investment Bank (EIB) is expanding its existing agreement with State Bank of India (SBI) by providing a new €600 million ($682 million) facility for onshore wind farms

AfDB approves funds for East Africa road rehab

The African Development Bank (AfDB) has approved loans and a grant totalling $322.35 million with the governments of Burundi and Tanzania for two road upgrade projects with a combined length of 305km

ADB names new vice-president

The Asian Development Bank (ADB) has appointed Mr Shixin Chen as vice-president. He will oversee operations in South Asia as well as the Central and West Asia departments

EIB signs loan with Afreximbank

The European Investment Bank (EIB) has signed a €200 million ($228.1 million) loan with the Africa Export-Import Bank (Afreximbank) to fund a number of projects including renewables

KfW signs loan for South African wastewater

KfW has signed an €80 million ($91.3 million) loan with the City of Cape Town, South Africa, to fund the Climate Initiative for Urban Wastewater Disposal in Cape Town project