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AES issues bond for Argentine wind to bridge DFI debt

AES Argentina Generación, AES Corp's local subsidiary, has issued a $48.4 million, short-term corporate bond to finance a wind project in the country, amid a standstill in commercial bank lending

Mining giant BHP hires new CEO

Anglo-Australian mining and upstream petroleum giant BHP has named internal candidate Mike Henry as its new chief executive, with Andrew Mackenzie retiring on 31 December

AIIB backs new emerging Asia renewables fund

The Asian Infrastructure Investment Bank is investing in a new renewables fund focused on emerging Asia − the SUSI Asia Energy Transition Fund

US EXIM Bank in talks to fund Agra 1 life extension

Brazil's Eletronuclear has started negotiations with the US export credit agency EXIM Bank to fund part of the project to extend the plant life of its nuclear power plant Agra 1

GTC to launch digital trade finance marketplace

GlobalTrade Corporation (GTC) is to launch a new digital trade finance marketplace for trade assets to complement its existing suite of products

DFIs back solar solution for Guinean telecoms

Four European DFIs will sign a $85 million debt package with Lebanese infra developer IPT PowerTech to support the deployment of solar PV and battery storage at telecoms towers in Guinea

VCargo Cloud launches new trade finance portal

Singapore-based digital trade and logistics specialist VCargo Cloud has launched its new trade finance portal – CamelONE Trade Finance

Bibby hires Leitelmayer for trade finance role

UK-based SME finance provider Bibby Financial Services has appointed invoice finance specialist Karl Leitelmayer as its new head of business centre for trade finance

Gunvor signs $1.69bn revolver

Gunvor Group has signed on its latest revolving credit facility – raising $1.69 billion

DEG opens representative office in Lagos

Germany's DEG has opened a representative office in Lagos, Nigeria, as part of its West Africa interests, marking its 21st global location

Nepal tenders ADB-backed road project

Nepal’s Ministry of Physical Infrastructure and Transport is inviting bids to expand an 80km portion of the Pokhara to Kathmandu highway

Kyrgyz school PPP to hit market next year

Kyrgyzstan anticipates bringing to market a school PPP project in the country’s two largest cities by Q2 2020, based on a timeline by its transaction adviser IFC

KenGen issues RFQ for Olkaria geothermal

Kenya Electricity Generating Co has launched the request for qualification stage for the 140MW Olkaria geothermal project in Nakuru County

DFIs support for Kyrgyz hydro plant expansion

The ADB has provided a $60 million loan and a $40 million grant toward a project to modernise the Uch-Kurgan hydropower plant hydro in Kyrgyzstan, with the Eurasian Development Bank providing a $45 million loan

ADB approves Madhya Pradesh roads PPP loan

The Asian Development Bank has approved its loan for the $904 million road improvement PPP in the central Indian state of Madhya Pradesh

AFC issues 10-year Eurobond

Africa Finance Corporation has closed on a US dollar-denominated $500 million Reg S Eurobond in its latest round of fundraising

ADB provides grant to Tuvalu for renewable energy

The Asian Development Bank has approved a $6 million grant to the Government of Tuvalu to fund the "Increasing Access to Renewable Energy Project" − in the DFI's first support for an energy project in the island state