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03 September 2018
in
Renewables

Tunisia plans 1.7GW solar park

The Tunisian Government is looking to develop a 1.7GW solar complex alongside an organic agriculture project in its southernmost region of Remana, in the Sahara...

03 September 2018
in
Metals and Mining, Oil & gas

Britain leads investment in Zimbabwe, while Angola turns to IMF

In August, incumbent leaders in Zimbabwe and Mali secured re-election as had been widely anticipated. However, both votes were tainted by outbreaks of violence and...

03 September 2018
in
Transport

BNA to issue bonds to part finance $3.4bn Gordie Howe bridge

The Bridging North America (BNA) consortium, awarded a DBFOM contract for the Gordie Howe International Bridge, will issue C$454.5 million ($350.9 million) in bonds...

03 September 2018

BNDES to allocate $1.2bn credit line to continue ties with Iran

Brazil, through its development bank BNDES, has allocated $1.2 billion to boost economic cooperation with Iran. The country is prepared to continue economic cooperation...

03 September 2018

NEXI backs loan for auto financing of PT Oto Multiartha

Nippon Export and Investment Insurance is to provide insurance for Deutsche Bank, Tokyo Branch's loan of JPY 5 billion to PT Oto Multiartha, an Indonesian affiliated...

03 September 2018

Clyde & Co hires planning partner Jacinta Studdert in Sydney

Global law firm Clyde & Co has appointed Jacinta Studdert as a new partner in Sydney. Her practice focuses on environment and planning requirements, compliance, risk...

03 September 2018

QUAERO CAPITAL hires ESG specialist Georgina Parker

Swiss-based QUAERO CAPITAL has hired Environmental, Social and Governance (ESG) specialist Georgina Parker. She joins from the Swiss sustainable finance consulting firm...

03 September 2018
in
Telecoms and Communications

Chexim agrees $328m loan for Nigerian internet project

The Export-Import Bank of China (Chexim) will provide a $328 million loan for a Nigerian government internet project. The Chinese bank will extend the loan to Galaxy...

03 September 2018

NIB launches second loan facility with Norway's Sparebanken Sør

The Nordic Investment Bank (NIB) and Norway's Sparebanken Sør have launched a new NOK 1 billion (€105 million) seven-year loan facility for onlending to...

03 September 2018

Pacific Drilling announces bankruptcy developments

Pacific Drilling has announced progress regarding its Chapter 11 proceedings, with the bankruptcy court approving the company's entry into a commitment letter with a...

31 August 2018
in
Renewables

Daystar Power signs $500m DEG-backed loan

Renewable energy solution provider Daystar Power has signed a $500 million DEG-backed loan to finance the roll-out of hybrid solar power systems in Nigeria...

31 August 2018
in
Power

Eletrobras sells off three distribution companies in auctions

The Brazilian state-controlled power company Centrais Eletricas Brasileiras (Eletrobras) has sold three power distribution companies at auction. Energisa SA bought...

31 August 2018
in
Oil & gas

Saudi Arabia to seek $11bn in bank loans after Saudi Aramco IPO stalls

Saudi Arabia's sovereign wealth fund is primed to choose international banks to lend it $11 billion, filling the hole left by the delayed listing of state energy...

31 August 2018
in
Renewables

Norfund divests stakes in three S African solar projects

Renewable power producer Scatec Solar and STANLIB Private Equity Infrastructure Fund 1 have increased their shareholding in three operational South African...

31 August 2018
in
Renewables

MPUVNL's 35MW rooftop solar tender attracts record low tariffs

Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has attracted 31 bidders for its 35.29 MW rooftop solar tender that will see projects developed at 643 schools...

31 August 2018
in
Transport

COSCO Shipping: First-half profit drops 98%

China’s COSCO Shipping Holdings Co said first-half profits fell 97.8% as it grappled with higher costs and a slide in freight rates. China’s largest...

31 August 2018
in
Social infrastructure

PIC invests in Durham University for the long-term

Pension Insurance Corporation (PIC), an insurer of defined benefit pension funds, is providing long-term funding for Durham University, with £70...

31 August 2018
in
Metals and Mining

FID for Antofagasta's Los Pelambres mine expansion due by year end

The Antofagasta CEO expects the fully-permitted $1.3 billion expansion of its Los Pelambres copper mine in Chile to be approved by the close of 2018. The...

31 August 2018

Erkan Kilimci to join Development Bank of Turkey

Turkey's central bank's deputy governor and Monetary Policy Committee member Erkan Kilimci is set to resign and become a board member for the Development...

31 August 2018
in
Oil & gas

Court overturns approval for Trans Mountain pipeline

Canada's Federal Court of Appeal has ruled that the National Energy Board's review of the proposal for the Trans Mountain pipeline expansion was flawed and failed...