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18 July 2024
in
Infrastructure

JBIC funds Ho Chi Minh City office

JBIC will lend $36 million to Phuong Nam 3A-1 Real Estate Business and Investment to construct an office building near a Ho Chi Minh City metro station.The loan is...

18 July 2024
in
Oil & gas

MET Group signs borrowing base facility

Swiss-based energy company Met Group - via Met Sales and Trading Holding - signed a €1.1 billion ($1.2 billion) borrowing base facility on 27 June. The deal, which...

18 July 2024
in
Metals and Mining

Quantum Graphite eyes US Ex-Im financing

Quantum Graphite and Sunlands Energy have received a non-binding financing proposal from the Export-Import Bank of the United States for up to $300 million.The funding...

18 July 2024
in
Chemicals/Petrochemicals

Egyptian urea producers halt output on renewed gas supply disruption

Two leading Egyptian urea producers suspended all production July 16 following renewed gas supply disruption. Producer Kima said it had halted production due to...

18 July 2024
in
Other

Texel announces two senior promotions

Credit and political risk insurance group Texel has unveiled a pair of senior promotions. William Shaw, previously MD of Texel Asia in Singapore, has become Deputy CEO...

18 July 2024
in
Metals and Mining

Fortescue cuts 700 jobs, slows down green hydrogen plans

Fortescue plans to cut about 700 jobs, or 4.5% of its global workforce, as part of a new restructuring push that will see the Australian iron ore miner scale back its...

18 July 2024

IDB Invest supports women-led MSMEs in Costa Rica

IDB Invest will provide financing of up to $10 million to Total Finco, a Costa Rican company specialized in the leasing of various assets including vehicles, trucks,...

18 July 2024
in
Metals and Mining

Foran upsizes private placements

Foran Mining has increased the size of its proposed brokered placement from C$222,000,008 to C$260,891,830 ($190.8 million). The brokered offering will now consist of...

18 July 2024
in
Renewables

Indian rooftop solar systems project gets ADB support

ADB has approved $240.5 million in loans to finance rooftop solar systems in India that will help the Indian government expand energy access using renewable energy.The...

18 July 2024
in
Telecoms and Communications

IFC, Citi increase access to KES financing in Kenya

IFC and Citi have announced a $65 million equivalent Kenyan shillings finance facility to expand IFC's ability to provide local currency financing in the African...

17 July 2024
in
Infrastructure, Transport

Iraq issues RfQ for Baghdad airport PPP

The Iraqi government has issued a request for qualification (RFQ) for the Baghdad International Airport Public Private Partnership (PPP) project.The project involves...

17 July 2024

DFC and 3SIIF announce first disbursement

The US International Development Finance Corporation (DFC) and the Three Seas Initiative Investment Fund (3SIIF) have announced the first disbursement under an up to $300...

17 July 2024
in
Infrastructure

JBIC funds Ajinomoto's deal to buy US gene therapy group Forge

JBIC has agreed a loan of up to JPY57 billion (just over $362 million) with Ajinomoto to allow the Japanese biotech company to acquire US-based Forge Biologics Holdings....

17 July 2024
in
Oil & gas

Energy Transfer completes WTG Midstream acquisition

Energy Transfer (ET) has completed its previously announced acquisition of WTG Midstream Holdings (WTG) for $2,275 million and newly issued ET common units.The acquired...

17 July 2024
in
Telecoms and Communications

SoftBank Group Corp taps EKN-backed loan

Japan-based cellular company SoftBank Group Corporation signed a ¥90 billion EKN-backed loan ($573 million) on 28 June. Proceeds will be used for the procurement of...

17 July 2024
in
Metals and Mining, Oil & gas

Jera’s trading arm taps rare loan linked to climate metrics

Singapore-based energy trader Jera Global Markets is seeking to bring in more lenders for a $900 million revolving credit facility that incorporates environment-related...

17 July 2024
in
Other

FMO arranges record $295m loan for Nigerian SME sector

FMO has arranged a $295 million syndicated loan facility to Access Bank. This loan facility represents the largest syndication in FMO’s history. The funding...

17 July 2024
in
Metals and Mining

Serbia reinstates permits for Rio Tinto's Jadar lithium project

The Serbian government has reinstated Rio Tinto's licence to develop Europe's biggest lithium mine, in a potential boost to the continent's electric vehicle...

17 July 2024
in
Agri/Soft Commodities

Bunge 'offers to sell Viterra's oilseeds facilities in Poland, Hungary'

US grains merchant Bunge has offered to sell Glencore-backed Viterra's crush and refining plants for oilseeds in Hungary and Poland in order to secure EU antitrust...

17 July 2024
in
Renewables

Aramco to buy 50% of Blue Hydrogen Industrial Gases

Saudi Aramco has signed definitive agreements to acquire a 50% equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company, a wholly-owned subsidiary of...