30 Jan Development Bank of Rwanda investing in the energy sector

"Access to reliable and affordable energy remains a considerable challenge in Rwanda. For Rwanda’s private sector to be competitive, the energy issue must be addressed as a crosscutting driver for economic growth. According to Dr. Livingstone Byamungu, the Chief Investment Officer at the Development Bank...

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16 Jan Swedfund promotes inclusive finance in Uganda and Tanzania

"Swedfund, the Swedish development financier, invests USD10 million in Bayport Management Ltd ("Bayport”). The investment will improve access to financial services for people with low income, giving them the opportunity to get loans for, inter alia, education and housing."...

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16 Jan NIB launches SME loan facility with Sparbanken Skåne

"NIB and Sweden’s Sparbanken Skåne have agreed on a loan programme totalling SEK 500 million (EUR 52 million) for on-lending to SMEs, small mid-caps, and environmental projects. The seven-year facility will finance SME and small mid-cap investments in a broad range of sectors, including farming, manufacturing, trade, construction and corporate...

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16 Jan UK-Norway Interconnector Power Cable Secures Export Credit

"EKN and SACE (Cdp Group) guaranteed US$ 752 million senior unsecured term loan facilities to National Grid North America, a wholly-owned subsidiary of National Grid plc. The facilities, made up of a US$233 million EKN Guaranteed Export Credit and a US$519 million SACE Export Credit with...

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09 Jan Financing Green Growth in the Lake Victoria Basin

"NDF Board approved EUR 4 million in financing to the Lake Victoria Basin Resource Efficiency and Cleaner Production project during its latest meeting in Helsinki. The latest project approved by the NDF Board reinforces NDF’s commitment to supporting private sector-led green growth in the East Africa...

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09 Jan What Does The Trump Administration Mean For Power Africa?

"Power Africa, President Obama’s signature African electrification push, is in limbo. The initiative was launched in June 2013, but—consistent with the nature of large-scale long-term infrastructure investments—is really just getting started. Until we see key appointments (e.g., OPIC president, USAID administrator, Assistant Secretary of State...

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09 Jan NIB finances water infrastructure investments in Luleå, Sweden

"NIB has signed a 15-year loan deal with the City of Luleå to finance water infrastructure investments in one of Sweden’s fastest-growing economic areas. The SEK 500 million loan will help finance the construction of a second bio-waste digester, a bio-fuel upgrade and a sewage pipeline,...

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