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World Bank: Billion-dollar projects fuel spike in private sector infrastructure investment

World Bank: Billion-dollar projects fuel spike in private sector infrastructure investment

by SIF Comm Team | Oct 20, 2017 | MDBs & Infra News

Multi-billion-dollar projects are fuelling stronger private sector investment in infrastructure projects in developing countries, which increased by 24 per cent from 2016 levels, reflecting USD 36.7 billion across 132 projects, says a new World Bank Group report....
ICA report identifies impact of funding on Africa’s infrastructure development

ICA report identifies impact of funding on Africa’s infrastructure development

by SIF Comm Team | Oct 16, 2017 | MDBs & Infra News

The Infrastructure Consortium for Africa’s (ICA) latest annual report, Infrastructure Financing Trends in Africa 2016, shows that commitments to Africa’s infrastructure development totalled USD 62.5 billion in 2016, declining from USD 78.9 billion in 2015. The...
ADB & NDB make good progress to expand cooperation and leverage each other’s financing

ADB & NDB make good progress to expand cooperation and leverage each other’s financing

by SIF Comm Team | Oct 13, 2017 | MDBs & Infra News

Asian Development Bank (ADB) Vice-President Wencai Zhang met with New Development Bank (NDB) Vice President and Chief Operations Officer Xian Zhu on the sidelines of the World Bank-International Monetary Fund Annual Meetings to discuss progress on projects for...
OECS: Building the project pipeline for rapid Climate Action

OECS: Building the project pipeline for rapid Climate Action

by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News

Urgent investment into infrastructure more resilient to climate change is needed to allow Caribbean island nations to achieve their clean energy, sustainable development plans, a high-level meeting of representatives from Caribbean governments, development partners...
AsDB, KfW scale up cofinancing partnership with additional USD 2 billion

AsDB, KfW scale up cofinancing partnership with additional USD 2 billion

by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News

The Asian Development Bank (AsDB) and the German development bank KfW have scaled up their existing cofinancing partnership with an additional USD 2 billion over the next 3 years until 2020 to continue promoting development in the Asia and Pacific region. The...
WB, AIIB approve funding for Metro Manila Flood Management Project

WB, AIIB approve funding for Metro Manila Flood Management Project

by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News

The World Bank (WB) and the Asian Infrastructure Investment Bank (AIIB) will provide funding to improve flood management in select drainage areas in Metro Manila. Flood events, particularly during the typhoon season from June to October, are a recurring problem in...
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