(IN BRIEF) At the FfD4 conference in Seville, Spain and the EIB co-led the creation of the Debt Pause Clause Alliance, enabling temporary suspension of debt service during crises—natural, health, or food-related—without compromising long-term fiscal and social stability. The Alliance, … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, Media, News, Spain, Technology
Tagged African Development Bank, Asian Development Bank, CAF, crisis financing, crisis resilience, Debt Pause Clause Alliance, debt suspension, European Investment Bank, FfD4 Seville, food crises, health emergencies, Inter-American Development Bank, Multilateral Development Banks, Nadia Calviño, natural disasters, partnership, private-sector mobilization, Spain, sustainable development finance, transparent regulation
(IN BRIEF) Burundi’s President officially opened the Jiji hydroelectric plant in Bururi province, marking a major milestone toward the nation’s energy self-reliance. When paired with the soon-to-be-completed Mulembwe facility, the two dams will deliver 49.5 MW of capacity and 235 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged 235 GWh, 49.5 MW, African Development Bank, Burundi, Bururi province, clean energy, Edward Claessen, Elisabetta Pietrobon, energy self-sufficiency, European Investment Bank, European Union, Hawa Cisse Wagué, infrastructure, Jiji hydroelectric plant, job creation, Mulembwe plant, partnership, Pascal Yembiline, SMEs, sustainabiity, sustainable development, Vision 2040, Vision 2060, World Bank
(IN BRIEF) FMO acted as Mandated Lead Arranger on a US $26.5 million financing package for the 32 MWp Ilute Solar Project in Western Zambia. The two-tranche debt structure—senior debt underwritten by FMO, Triodos, and SEFA, plus a subordinated tranche … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Netherlands, News, Technology
Tagged 32 MWp, African Development Bank, Barotse Royal Establishment, blended finance, community trust, ElectriFI, FMO, Government of Zambia, GreenCo Power Services, Ilute Solar Project, Kwama Energy, Mandated Lead Arranger, market-based PPA, partnership, private-sector engagement, renewable energy finance, SAPP, SEFA, Senior Chief Anang’anga Imwiko, senior tranche, Serengeti Energy, subordinated tranche, sustainability, Triodos, US $26.5 million, WWF biodiversity plan, Zambia, ZESCO
(IN BRIEF) In a significant development for Africa’s pharmaceutical sector, the African Pharmaceutical Technology Foundation and the Rwandan Government have signed a host country agreement, paving the way for the Foundation’s operationalization. The Foundation has also forged a memorandum of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Pharma & Biotech, Technology
Tagged Africa, African Development Bank, African Pharmaceutical Industry, African Pharmaceutical Technology Foundation, Dr Akinwumi Adesina, Dr Bärbel Kofler, Dr Ngozi Okonjo-Iweala, Dr Tedros Adhanom Ghebreyesus, Dr Vincent Biruta, EIB, Gelsomina Vigliotti, partnership, Professor Padmashree Gehl Sampath, sustainability
(IN BRIEF) London Stock Exchange Group (LSEG) has been chosen as a strategic partner by the Banque Centrale de Mauritanie (BCM) for its Financial Infrastructure Modernization Programme, funded by the African Development Bank. This initiative aims to modernize Mauritania’s financial … Read the full press release
Posted in Business, Financial, Investment, Technology, United Kingdom
Tagged African Development Bank, Auctions, Banque Centrale de Mauritanie, BCM, Financial Infrastructure Modernization Programme, interbank trading, London Stock Exchange Group, LSEG, market surveillance, Mauritania, Mr. Mohamed Lemine DHEHBY, Nadim Najjar, price discovery, trading
(IN BRIEF) A coalition of development finance institutions and multilateral organizations forming the Global Green Bond Initiative (GGBI) has established a strategic partnership with the African Development Bank to collaborate on technical assistance aimed at promoting green bond markets in … Read the full press release
(IN BRIEF) Multilateral Development Banks (MDBs) including the AfDB, EBRD, EIB, IDB, and World Bank met at the World Circular Economy Forum (WCEF) 2023 in Helsinki to discuss the circular economy for the first time. They emphasized the role of … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, United Kingdom
Tagged AfDB, African Development Bank, circular economy, During the World Circular Economy Forum, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, IDB, Inter-American Development Bank, Marvin Nusseck, MDBs, Multilateral Development Banks, WCEF 2023, World Bank
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2023, environment-focused directors from leading Multilateral Development Banks (MDBs) met to discuss the circular economy for the first time. The African Development Bank (AfDB), the European Bank for Reconstruction and Development … Read the full press release
Posted in Banks, Environment, Financial, Finland, Luxembourg, Management
Tagged AfDB, African Development Bank, biodiversity loss, circular economy transition, climate change, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, IDB, IDB Invest, Inter-American Development Bank, MDBs, Multilateral Development Banks, pollution, WCEF, World Bank, World Circular Economy Forum
(PRESS RELEASE) LONDON, 8-Oct-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that its Board of Governors has elected Odile Renaud-Basso of France as its next President. Currently Director-General at the French Treasury, Ms Renaud-Basso replaces Sir Suma … Read the full press release
Posted in Banks, Financial, France, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged African Development Bank, Caisse des Dépôts, debt management, EBRD, Ecole Nationale d’Administration alumnus, election, European Bank for Reconstruction and Development, European Economic, financial affairs, Financial Committee, financial institution, financial regulation, France’s economic policies, French Treasury, G20, G7, Harvard University, John F. Kennedy School of Government, Jürgen Rigterink, Odile Renaud-Basso, Paris Club, Paris Institut d’Etudes Politiques, Sciences Po, Sir Suma Chakrabarti, trade policies, World Bank
African Development Bank Asian Development Bank European Bank for Reconstruction and Development European Investment Bank Inter-American Development Bank International Monetary FundWorld Bank Group Washington, D.C., United States, 15-10-2013 — /EuropaWire/ — The Ninth WTO Ministerial Conference in Bali, Indonesia on 3-6 December … Read the full press release
Posted in Banks, Business, Economy, Financial, International Trade, Politics
Tagged African Development Bank, Asian Development Bank, Bali, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, IMF, Indonesia, Inter-American Development Bank, International Monetary FundWorld Bank Group, statement, trade, trade facilitation assistance, Washington, World Bank, World Bank/IMF Annual Meeting, WTO, WTO Trade Facilitation Agreement
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