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World Bank: MDBs increase 2016 financing to tackle climate challenge

World Bank: MDBs increase 2016 financing to tackle climate challenge

by SIF Comm Team | Sep 11, 2017 | MDBs & Infra News

The world’s six largest multilateral developments banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to USD 27.4 billion from USD 25...
AIIB: Up to USD 210 million in financing to support 11 solar power projects in Egypt

AIIB: Up to USD 210 million in financing to support 11 solar power projects in Egypt

by SIF Comm Team | Sep 5, 2017 | MDBs & Infra News

The Asian Infrastructure Investment Bank (AIIB) announced up to USD 210 million in debt financing to tap Egypt’s renewable energy potential. This solar power project will increase Egypt’s power generation capacity, reduce the country’s dependence on gas and fuel for...
DBSA is committed to financing the continent’s infrastructure development goals

DBSA is committed to financing the continent’s infrastructure development goals

by SIF Comm Team | Sep 1, 2017 | MDBs & Infra News

The Development Bank of Southern Africa (DBSA) hosted Zambia’s Finance Minister, Honourable Felix Mutati and his delegation at the DBSA’s offices on Tuesday, 22 August 2017. The DBSA’s, CEO Patrick Dlamini, hosted the Minister together with other key partners, namely...
New African infrastructure fund to be managed by A.P. Moller Holding

New African infrastructure fund to be managed by A.P. Moller Holding

by SIF Comm Team | Aug 11, 2017 | MDBs & Infra News

A.P. Moller Holding has together with PKA, PensionDanmark and Lægernes Pension launched a new infrastructure fund with a focus on Africa. The fund has received commitments of USD 550 million from anchor investors. The fund will be managed by A.P. Moller Capital, which...
AfDB loans & grants over USD 30 billion in Africa during past 50 years

AfDB loans & grants over USD 30 billion in Africa during past 50 years

by SIF Comm Team | Aug 11, 2017 | MDBs & Infra News

Over its 50-year history, the African Development Bank (AfDB) has financed over 450 transport projects, changing the lives of close to 450 million people across Africa, between 1967 and 2017. Roads, port, airport, and railway projects are all included on a map...
NDB plans to put two-thirds loans in sustainable infrastructure in the next 5 years

NDB plans to put two-thirds loans in sustainable infrastructure in the next 5 years

by SIF Comm Team | Jul 26, 2017 | MDBs & Infra News

The New Development Bank, which was formerly called the BRICS Development Bank, plans to put about two-thirds of its loans into sustainable infrastructure development in the next five years, a senior NDB official said. Sergio G. Suchodolski, the NDB’s...
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