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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


EBRD supports Credit du Maroc with €50 million green financing package

Morocco, Dec. 11 -- The European Bank for Reconstruction and Development (EBRD) and its partners are providing a financing package of up to €50 million to Credit du Maroc to support private-sect... Read More


EBRD lends €20 million in local currency to ProCredit Bank Ukraine

Ukraine, Dec. 11 -- The European Bank for Reconstruction and Development (EBRD) is lending €20 million in local currency to ProCredit Bank Ukraine (PCBU) to boost the bank's medium-term lending ... Read More


EBRD boosts small businesses in Armenia via Inecobank

Armenia, Dec. 11 -- Companies in Armenia are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD) extends a €97 million financial package ... Read More


EBRD lends €17 million to ProCredit Bank Kosovo

Kosovo, Dec. 11 -- The European Bank for Reconstruction and Development (EBRD) is stepping up its support for small and medium-sized enterprises (SMEs) and mid-caps in Kosovo with a new €17 mill... Read More