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GE Vernova and Seatrium secure a major contract from TenneT to connect North Sea wind power to Germany's grid

Germany, Dec. 11 -- GE Vernova and Seatrium announced that their consortium has been awarded a contract by TenneT to deliver a major part of BalWin5, a new 2.2-gigawatt (GW) offshore high-voltage dire... Read More


NXP Semiconductors MR-VMU-RT1176 Vehicle Management Unit, Now at Mouser, Simplifies Mobile Robotic Designs

United States, Dec. 11 -- Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, is now stocking the MR-VMU-RT1176 vehicl... Read More


ADB to Boost Sustainable Urban Development in Hubei's Xianning, PRC

China, Dec. 11 -- The Asian Development Bank (ADB) has approved a CNY1.07 billion ($150 million equivalent) loan to advance low-carbon and resilient urban development in Xianning Municipality in Hubei... Read More


ADB Partners with Five-Star Business Finance to Boost Financial Access for Women Entrepreneurs in India

India, Dec. 11 -- The Asian Development Bank (ADB) has signed a $100 million loan agreement with Five-Star Business Finance Limited (FBFL) to expand access to micro, small, and medium-sized enterprise... Read More


ADB Approves $200 Million to Improve Water, Food Security in North Central Sri Lanka

Sri Lanka, Dec. 11 -- The Asian Development Bank (ADB) has approved a $200 million loan to support the ongoing Mahaweli Development Program, Sri Lanka's largest multiuse water resources development in... Read More


African Development Bank Group approves $76.3 million in additional financing to advance transport connectivity in the Horn of Africa

Ethiopia, Dec. 11 -- The Board of Directors of the African Development Bank Group has approved $76.37 million in additional financing for the Road Infrastructure Programme in Somalia, a key component ... Read More


African Development Bank Group and KCB Bank sign $150 million deal to accelerate green lending and trade

Kenya, Dec. 11 -- The African Development Bank Group (AfDB) and KCB Bank Kenya Limited have signed a $150 million financing package to support green finance and accelerate climate-smart investments to... Read More


The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali

Guinea, Dec. 11 -- The Board of Directors of the African Development Fund approved additional financing of $25.79 million for Guinea for the 225 kV Guinea-Mali electricity interconnection project.The ... Read More


EIB and STMicroelectronics announce €1 billion agreement to boost Europe's competitiveness and strategic autonomy

Luxembourg, Dec. 11 -- The European Investment Bank (EIB) and STMicroelectronics (NYSE:STM, "ST") have signed a €500 million financing agreement to boost Europe's competitiveness and strategic a... Read More


EBRD senior leadership visit Morocco

Morocco, Dec. 11 -- The EBRD's First Vice President, Greg Guyett, and its Vice President for Banking, Matteo Patrone, are visiting Morocco from 11 to 12 December to meet senior government officials an... Read More