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Tera Software in consortium with ITI bags BharatNet project of Rs 1901 crore

India, May 7 -- Tera Software consortium led by their partner ITI received an advance work order from BharatNet Project for Middle Mile Network - NER-II with in the States of Arunachal Pradesh, Nagala... Read More


ADB Reaches Record $8.7 Billion in Nonsovereign Cofinancing in 2024

Philippines, May 7 -- The Asian Development Bank (ADB) mobilized a record $8.7 billion in nonsovereign cofinancing in 2024, underscoring the growing role of private sector engagement in advancing deve... Read More


African Development Bank approves $8.79 million to boost clean cooking in Uganda

Uganda, May 7 -- The African Development Bank Group has recently approved $8.79 million in financing for the Uganda Biogas and Electric Cooking Project (UBEP), an ambitious initiative to expand clean ... Read More


EIB signs agreement with EBRD to strengthen impact of projects around the world

Luxembourg, May 7 -- The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have deepened their long-standing partnership by signing a Mutual Reliance Agree... Read More


EBRD provides new risk-sharing facility to ProCredit Bank Ukraine

Ukraine, May 7 -- The European Bank for Reconstruction and Development (EBRD) is stepping up its support for Ukraine's businesses amid Russia's ongoing war on the country by extending a new unfunded p... Read More


EBRD extends new guarantee to UKRSIBBANK to unlock €30 million of new finance

Ukraine, May 7 -- The European Bank for Reconstruction and Development (EBRD) is extending a new unfunded portfolio risk-sharing facility to Ukraine's UKRSIBBANK BNP Paribas Group to unlock €30 ... Read More


IFC Announces US$30 Million Investment in Fund Managed by BEEL Infrastructure Partners to enhance Mexico's infrastructure, energy and real asset sectors

United States, May 7 -- The International Finance Corporation (IFC), a member of the World Bank Group, announced an investment of up to US$30 million in BEEL Sustainable Credit II, a private debt fund... Read More


Miller Electric Co. Inc. awarded $49,000,000 contract

United States, May 7 -- Miller Electric Co. Inc., doing business as PEC Contracting and Engineering, Reno, Nevada, is awarded a $49,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity co... Read More


Diversified Contractors Inc. awarded $7,937,335 contract to alter a communications facility

United States, May 7 -- Diversified Contractors Inc., Klamath Falls, Oregon, was awarded a $7,937,335 firm-fixed-price contract to alter a communications facility. Bids were solicited via the internet... Read More


Utilities Call on Oracle AI to Transform Customer Service

United States, May 7 -- Oracle announced new AI-powered call summarization and tagging capabilities in the Oracle Utilities Customer Platform, bringing intelligent automation to utility call centers. ... Read More