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15 May 2024
in
Infrastructure

EBRD funds largest road project in Armenia

EBRD is lending €236 million (over $256 million) to Armenia to finance the construction of the southern section of the Sisian-Kajaran road.This is the largest road...

15 May 2024
in
Chemicals/Petrochemicals

Korea takes extraordinary measures to avoid petchem industry 'wipeout'

The Korean government has launched all-out efforts to help restructure the country's petrochemical firms that have been groaning under China’s price war.The...

15 May 2024
in
Renewables

Plug Power set for $1.66bn loan guarantee from US gov

Plug Power is set to receive a $1.66 billion loan guarantee from the US Department of Energy, which would be used to develop and construct up to six new green hydrogen...

15 May 2024

UKEF backs Scottish shortbread manufacturer

UKEF is supporting a £750,000 Virgin Money financing to Scottish shortbread manufacturer Dean’s of Huntly.The ECA helped to secure the financing with a...

15 May 2024
in
Renewables

Australia unveils new green hydrogen subsidy

The Australian government has announced a new Hydrogen Production Tax Incentive (HTPI) that will pay developers A$2 ($1.32) per kilo of green H2 over a ten-year period,...

15 May 2024
in
Renewables

Itochu, Hive near offtake deal for South African hydrogen project

A group led by Japanese trading house Itochu is nearing an agreement to buy green ammonia from Hive Hydrogen South Africa, a $5.9 billion project that could make the...

15 May 2024
in
Other

Coface announces Mediterranean, Africa leadership changes

Coface has unveiled two changes in its Mediterranean and Africa region management with the appointments of Ernesto de Martinis as Managing Director for the region and...

15 May 2024
in
Metals and Mining

Killi secures $13m JV with Gold Fields

Killi Resources has executed an option and JV agreement with a subsidiary of Gold Fields. Under the agreement, Gold Fields will invest up to $13 million to earn an 85%...

15 May 2024
in
Renewables

KfW IPEX arranges and finances UK offshore transmission assets

KfW IPEX-Bank has arranged and provided funding for a portfolio of operational offshore transmission assets (OFTOs) in the UK. The German lender acted as sole...

15 May 2024
in
Other

StanChart seals euro x-border transactions on Partior

Standard Chartered has completed euro-denominated cross-border transactions between Hong Kong and Singapore, and is the first euro settlement bank to go live on Partior,...

15 May 2024

Michelle Guile to leave BExA

Michelle Guile, Managing Director and Head of Secretariat at the British Exporters Association (BExA), is leaving the organisation after more than eight years. She will...

15 May 2024
in
Oil & gas

Vopak consortium sounding out banks for Zululand Energy Terminal

The Vopak Terminal Durban & Transnet Pipelines consortium is sounding out banks to finance the Zululand Energy Terminal in Richards Bay, South Africa. The LNG...

15 May 2024
in
Metals and Mining

Endurance to raise up to $4m via non-brokered private placement

Endurance Gold plans to conduct a non-brokered private placement, aiming to raise gross proceeds of up to $4 million. The offering will involve the sale of a maximum of...

15 May 2024
in
Metals and Mining, Renewables

Yildirim plans 109MW solar project in Kosovo

Yildirim Energy - the energy supply, trading and production subsidiary of Yildirim Group - is entering Kosovo’s renewables market and has announced a 109MW solar...

15 May 2024

MIGA covers €114m loan to NBU

Standard Chartered and MIGA have provided a financing package of €114 million ($123.1 million) for the National Bank for Foreign Economic Activity of Uzbekistan...

15 May 2024

Government, Euler Hermes expand SME support

In a bid to support SMEs and bolster the export sector, the government of Germany has introduced a series of measures aimed at enhancing coverage options for exporters....

15 May 2024
in
Oil & gas

BNK Petroleum borrowing base rises 25%

Kolibri Global Energy subsidiary BNK Petroleum's borrowing base on its revolving line of credit from BOK Financial has increased from $40 million to $50 million. The...

15 May 2024
in
Metals and Mining

Lucapa puts Lesotho diamond mine up for sale

Lucapa Diamonds plans to divest of its 70% interest in the Mothae mine, in Lesotho.Mothae is an opencast mine, located in the diamond-rich Maluti mountains,...

15 May 2024
in
Power

NIB funds Norwegian dam, hydropower station rehabilitation

NIB has signed a loan agreement with Norwegian renewable energy company Hafslund to rehabilitate dams and hydropower stations. The total loan volume of NOK1 billion...

14 May 2024

EXIM India eyes $3.5bn in 2024-25

EXIM India is planning to borrow around $3 billion-$3.5 billion in foreign currency in the fiscal year 2024-25. Despite geopolitical concerns, the bank is optimistic...