Oil prices slipped on Tuesday as concerns eased about the fallout from the overthrow of Syria's president, despite support from China's plan to ramp up policy stimulus - a potential boost to demand from the world's biggest crude buyer.Brent crude futures fell 24 cents to $71.90... More

Africa Finance Corporation has committed to mobilising $500 million for the Zambia-Lobito Rail project. As part of a series of announcements around US President Joe Biden's recent visit to Angola, AFC confirmed that the total project financing would cross $1 billion through collaboration... More

Export Finance Australia has approved a €120 million ($198.09 million) commitment for Vulcan Energy's Lionheart project. Vulcan Energy anticipates receiving commitments from other funding parties in the coming weeks, which include Export Development Canada, SACE, Bpifrance and the... More

Equinor has completed a $2 billion sale of assets in Nigeria and Azerbaijan, marking its exit from both countries after 30 years. In Nigeria Chappal Energies paid up to $1.2 billion for assets including a 20.21% stake in the Agbami oil field. In Azerbaijan SOCAR and India's ONGC purchased a... More

Export Development Canada has issued a letter of interest to Next Hydrogen Solutions for working capital debt. Up to $5 million could be available, subject to the completion of technical, ESG and financial due diligence. Next Hydrogen Solutions is a manufacturer of water electrolysers that generate... More

Export Development Canada has issued a letter of interest to finance Poland's first nuclear power plant. Polskie Elektrownie Jadrowe, a state-owned energy company, is responsible for developing the plant at the Lubiatowo-Kopalino site in Pomerania. It is expected that a funding package will... More

The National Grid Corporation of the Philippines (NGCP) has approved the grid connection for BuhaWind Energy Philippines’ 2GW floating wind farm in Northern Luzon.The full project capacity has been approved, according to Copenhagen Energy (CE), which is working with PetroGreen Energy... More

JERA Co and bp have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture.The combination will create JERA Nex bp, with a balanced mix of operating assets and development projects with total 13GW potential net generating capacity. The new business is... More

Swiss prosecutors are seeking $156 million in penalties from Trafigura as well as a jail sentence for a former executive as part of an ongoing corruption trial. It marks the first time that a trading company has been charged in Switzerland with liability for alleged bribery as well as a rare case of... More

The Ministry of Finance in Tanzania signed a $450 million Sinosure-backed loan to finance the development of a high speed electric railway in the East African country. The deal closed on 21 November and signed in October. The 15-year deal was provided by MLAs Standard Chartered (bookrunner,... More

The Asian Development Bank (ADB) has signed a $115 million (in Philippine peso equivalent) financing package with Asialink Finance Corporation to expand its working capital and support small and medium-sized enterprises (SMEs) in the Philippines, especially those owned by women.The financing was led... More

The Asian Development Bank (ADB) has approved a $100 million loan in additional financing to support critical infrastructure development through public–private partnerships (PPP) in Bangladesh. Bangladesh is undergoing a transformative phase, driven by economic shifts and recent political... More

The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed an agreement for a $150 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility. The agreement was concluded on the sidelines of the African Investment Forum... More

The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed an agreement for a $150 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility. The agreement was concluded on the sidelines of the African Investment Forum... More

The African Development Bank has been named mandated lead arranger for the Moyi Power Metro-Grids project, a $340 million private sector-led electrification program  in the Democratic Republic of Congo.This landmark project, by a consortium comprising Gridworks, Eranove, and AEE Power, will... More

The Maltese government has launched the country’s first public call for offshore wind development, seeking to pre-qualify developers for the next stage of the tender.The tender winner will build Malta’s first floating wind farm which will have an installed capacity of between 280MW and... More

IDB Invest has issued $30 million in loans to Eurocapital to support the growth of its financing portfolio for SMEs in Chile, Peru and Colombia. The deal marks IDB Invest's first regional, multi-product and multi-currency transaction with a non-bank financial institution. A two-year $25... More

The EIB has issued loans totalling more than €60 million ($63.5 million) to strengthen critical infrastructure in Ukraine as part of its Ukraine Solidarity Urgent Response package. €43.48 million is earmarked for the reconstruction of the M01 Kyiv-Chernihiv-Novi Yarylovychi road section,... More