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08 February 2017

IsDB approves $790m for new development projects

The Islamic Development Bank (IsDB) board has approved $790 million in financing for new projects in member countries. It includes $250 million for the development of...

08 February 2017

Swan Energy and Exmar mandate FSRU project

Swan Energy, an Indian mid-cap energy firm, and Belgian LNG major Exmar have mandated SBI Capital to lead arrange around $250 million of debt to fund a proposed...

07 February 2017

Banks expect major ME power mandates in 2017

Banks anticipate some major power financings across the Middle East  in the coming year. Next month state-owned Saudi Electricity Co (SEC) is expected to...

07 February 2017

Scorpio Tankers set to sign this month

Last month Scorpio Tankers secured a $172 million KEXIM and GIEK-backed loan facility to finance eight new MR product tankers. The deal is expected to sign at the end of...

06 February 2017

Sinosure backs JA Solar for Brazilian project exports

China Export and Credit Insurance Corporation (Sinosure) has provided $145 million in export insurance to Shanghai-based JA Solar Holdings, which will deliver solar...

03 February 2017

New project financing model for Transmission Company of Nigeria

A new project financing model for the Transmission Company of Nigeria has been approved by the country's government. It is aimed at allowing the company to develop...

02 February 2017

Germany's DEG finances equipment for India's infrastructure

Germany's Deutsche Investitions- und Entwicklungsgesellschaft (DEG), part of KfW Group, has agreed a loan deal to Indian firm SREI Equipment Finance to fund...

01 February 2017

IFC, MIGA back gas-fired power plant in Jordan

The International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) are financing and providing a guarantee for the construction of a...

01 February 2017

Cheaper Chinese competition stalls BNDES solar financing

Brazilian development bank BNDES is being hamstrung in its bid to finance solar energy farms in the country because of cheaper competition from Chinese suppliers. BNDES...

01 February 2017

DBJ helps finance New York thermal power project

The Development Bank of Japan (DBJ) has agreed to help finance a natural gas-fired thermal power generation project in New York through the project's operating...

31 January 2017

Development banks boost finance for CIS projects by 130%

International development banks have increased their operations in Commonwealth of Independent States (CIS) nations by extending $4.4 billion in financing in the final...

30 January 2017

Engie wins ECA-backed $1.2bn Saudi gas plant contract

France's Engie has been awarded the contract for a $1.2 billion project to build a combined-cycle gas power plant in Saudi Arabia. The Export-Import Bank of Korea and...

30 January 2017

China Exim agrees loan for Angolan port to boost trade

The Export-Import Bank of China (China Exim) has agreed to lend up to $600 million to Angola to build a deep-sea port in Cabinda. The port, which is surrounded by the...

30 January 2017

China Exim approves loan for Lagos-Ibadan rail project

The Export-Import Bank of China (China Exim) has agreed a $1.275 billion loan for the construction of the Lagos-Ibadan standard gauge rail line in Nigeria. China will...

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

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

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

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

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...