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African Development Bank debars SOMACOTH SA and Mr Boubacar Bah for 30 months for fraudulent practices

Mali, Dec. 1 -- The African Development Bank Group today announces the 30-month debarment of Societe Malienne de Construction, de Transport et d'Hydrocarbure ("SOMACOTH SA") and its former General Man... Read More


African Development Bank Group debars Jiangxi Transportation Engineering Group Limited for 12 months for Fraudulent Practices

Cote Dlvoire, Dec. 1 -- The African Development Bank Group today announces the 12-month debarment and the payment of restitution by Jiangxi Transportation Engineering Group Limited, an engineering con... Read More


Norway reaffirms support to Africa's development with NOK 3.1 billion pledge to the African Development Fund's seventeenth replenishment

Cote Dlvoire, Dec. 1 -- Norway reaffirmed its long-standing commitment to Africa's low-income countries with a NOK 3.1 billion pledge to the African Development Fund's seventeenth replenishment (ADF-1... Read More


African Development Bank Group debars Yessan Sarlu and Ayitevi Amadote for 18 months for Fraudulent Practices

Cote Dlvoire, Dec. 1 -- The African Development Bank Group today announces the 18-month debarment of Yessan Sarlu, and its General Manager, Mr. Ayitevi Yao Mawulolo Amadote. Yessan Sarlu is a company ... Read More


EIB-Prysmian: €300 million agreement to accelerate energy security and digitalisation in Europe

Luxembourg, Dec. 1 -- The European Investment Bank (EIB) has approved a new €300 million financing package for Prysmian to support its European research and development activities for the 2025-2... Read More


Prodrive Technologies takes €40 million EIB loan to boost R&D

Netherlands, Dec. 1 -- Dutch-based Prodrive Technologies has signed a €40 million lending agreement with the European Investment Bank (EIB). The financing will advance Prodrive Technologies' R&D... Read More


EBRD teams up with Akbank to support SMEs in Turkiye

Turkey, Dec. 1 -- The European Bank for Reconstruction and Development (EBRD) is providing a financing package worth US$ 130 million (€112.4 million) to Turkiye's Akbank in a bid to bolster the ... Read More


EBRD, EU and CKB launch new guarantee to boost MSME financing in Montenegro

Montenegro, Dec. 1 -- Micro, small and medium-sized enterprises (MSMEs) in Montenegro are set to gain better access to finance thanks to a new partnership between the European Bank for Reconstruction ... Read More


EBRD and EU boost SME development in the Western Balkans

United Kingdom, Dec. 1 -- The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €2 million to Addiko Bank Sarajevo in support of small and medium-sized enterpr... Read More


Jamaica Secures Package of $6.7 Billion over Three Years in International Support for Recovery and Reconstruction After Hurricane Melissa

Jamaica, Dec. 1 -- Following Hurricane Melissa and at the request of Jamaican Prime Minister Andrew Holness, CAF - Development Bank of Latin America and the Caribbean, the Caribbean Development Bank (... Read More