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27 January 2017

Fitch warns that China's Silk Road ambition could be a risk to Chinese banks

China's One Belt One Road infrastructure lending could create new asset-quality risks for its banks according to Fitch Ratings. Commercial Chinese banks will be...

26 January 2017

India's biggest solar project stalls as state balks at cost

The biggest solar project in India - the construction of 1.2 gigawatts in Jharkhand - has stalled as the state, which sought bids from generators, says it can't buy...

26 January 2017
in
ECA

MIGA backs loan for Myanmar fibre optic cable work

The Multilateral Investment Guarantee Agency (MIGA) has guaranteed Bank of China's $105.74 million loan to Myanmar Fiber Optic Communication Network. The company is...

24 January 2017
in
ECA

Tanzania seeks Turk Eximbank loan for railway

Tanzania has requested a loan from Turkish export credit agency Turk Eximbank to help finance a stretch of a new railway connecting its main port of Dar es Salaam to...

20 January 2017
in
ECA

K-sure collects export receivables in Iran

Korea Trade Insurance Corporation (K-sure) has collected €97 million with regard to the Mapna power plant project in Iran. K-sure said the collection...

18 January 2017
in
ECA

China Exim-backed Ugandan railway project to cost $2.3bn

Phase one of a railway project - financed by the Export-Import Bank of China (China Exim) - to improve connections between Uganda and three of its neighbours will cost...

18 January 2017

GuarantCo, NISA form InfraCredit to boost Nigeria projects

London-based GuarantCo and the Nigerian Sovereign Investment Authority (NISA) have formed InfraCredit, an infrastructure credit enhancement facility in Nigeria. It will...

17 January 2017
in
ECA

UKEF signs first loan deal in Africa for Ghana energy project

Export credit agency UK Export Finance (UKEF) has agreed to provide $310 million to GE Oil & Gas to supply equipment for the Offshore Cape Three Points project in...

17 January 2017
in
ECA

Kexim issues loan for Azerbaijan carbamide plant

The Export-Import Bank of Korea (Kexim) has issued a €500 million loan to Azerbaijan state oil company Socar for its carbamide plant to be built in Sumgait. The...

13 January 2017
in
ECA

Spain's Cesce to help finance Peru refinery upgrade

Spanish export credit agency Cesce is set to agree a financing deal for Peru's state energy company Petroperu as part of a $3 billion project to upgrade its Talara...

11 January 2017
in
ECA

China Exim finances Bangladesh crude oil pipeline

China Petroleum Pipeline Bureau (CPP) has won a $694 million contract to build a ship-to-shore crude oil pipeline in Bangladesh. China will pay for 80% of the project...

10 January 2017
in
ECA

Financial close for Pakistan's China Exim-backed hydro project

Pakistan's 870MW Suki Kinari Hydropower Project, co-financed by the Export-Import Bank of China (China Exim), has reached financial close under the framework of...

10 January 2017
in
ECA

China Exim to finance solar project in Argentina

The Export-Import Bank of China (China Exim) is set to agree a loan to help finance a $410 million 300MW solar project in Jujuy province, Argentina. The solar panels will...

10 January 2017
in
ECA

AIIB among banks to finance Pakistan hydropower project

The Asian Infrastructure Investment Bank (AIIB), the International Bank for Reconstruction and Development, and the World Bank have agreed to help finance the Tarbela Dam...

10 January 2017
in
ECA

Argentine firm looks to European ECAs for wind project finance

Argentine power firm Centrales de la Costa is looking to European export credit agencies (ECAs) and the International Finance Corporation to help finance a 40MW wind...

09 January 2017
in
ECA

KfW backs Brazilian group's contract for Angolan airport work

Germany's KfW IPEX-Bank led a syndicate of banks guaranteeing a contract awarded to Brazilian group Andrade Gutierrez Engenharia to complete the expansion and...

09 January 2017
in
ECA

BNDES agrees loan with Italian group for power project

BNDES, Brazil's state development bank, has agreed a $115 million loan with Italian power company Enel to cover part of the required investment to develop the 102MW...

05 January 2017
in
ECA

Kexim, K-sure back Iraq new city project

South Korea's Hanwha Engineering and Construction has received about $560 million in construction fees from Iraq for its new city of Bismayah project, 10km from...

05 January 2017

Norfund agrees deal for Nigerian solar power plant

Norway's Norfund and Scatec Solar, and African infrastructure fund Africa50 have signed a joint development agreement for the investment of the Nova Scotia power...

04 January 2017
in
ECA

KfW IPEX helps finance Chile power grid expansion

Germany's KfW IPEX-Bank is taking part in financing an $854 million power grid expansion project, Transmisora Electrica del Norte, in Chile. Eight local and global...