All Funding & Development loans Articles

AIF announces US$ 1 billion pipeline of loans
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New infrastructure fund for Southeast Asia ready to start lending to development projects this year
AfDB in US$ 151 million Kenya wind power loan
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African Development Bank funds will support development of the largest wind power project in Africa.
World Bank supports Serbian road development
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Funds of US$100 million (€76 million) released to support improvement to over 800km of roads
AfDB funds East African road project
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The African Development Bank financing totalling US$ 232.5 million for a 157.5 km road project from Arusha to Holili in Tanzania, and Taveta to Voi in Kenya.
Funding for tunnel safety
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Loan of €120 million from the European Investment Bank agreed for Fréjus tunnel between France and Italy
AfDB supports Ugandan road development
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Uganda has secured financing worth US$ 144.89 million from the African Development Bank Group (AfDB)
World Bank to lend up to US$ 5 billion a year to India
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Annual funding of between US$ 3 billion and US$ 5 billion on the cards for next four years to boost development in low-income states
EIB, EBRD fund Slovenian power plant
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The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) support €1.2 billion, 600 MW thermal power plant in Sostanj
ADB funds Nepal power plant
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The Asian Development Bank (ADB) is to loan US$ 150 million to Nepal as part financing for a US$ 500 million hydropower project, 150 km west of Kathmandu.
ISDB approves US$ 450 million development loans
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The Islamic Development Bank (ISDB) plans to use the funds to support new development projects in member and non-member countries
EIB funds Stockholm metro
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Stockholm County Council receives SEK3.5 billion (€400 million) loan for development of Red metro line.
Polish road funding on hold
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EC funding worth €950 million interrupted pending investigations into alleged price fixing cartel
EIB funds Xylem research
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Pump manufacturer and rental company Xylem has been awarded a €120 million (US$ 160 million) loan by the European Investment Bank (EIB) for research
Poland’s road building spend to drop in 2013
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Investment of €4.7 billion planned for next twelve months, compared to total spend of €5.4 billion last year.
EIB funds Baltic wind farm development
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The European Investment Bank (EIB) provides €500 million to support largest offshore wind farm to be developed to date in the German Baltic Sea.
EBRD finances Kazakhstan road
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The European Bank for Reconstruction and Development (EBRD) is to lend US$196.5 million (€147 million) for upgrade of 62km road
Port of Liverpool receives £3m investment
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Peel Ports has announced a £3 million investment to upgrade its existing steel terminal at the UK Port of Liverpool’s Gladstone dock
Japan unveils US$ 116 billion stimulus package
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US$ 43 billion will go towards reconstruction of earthquake damaged areas and strengthening disaster prevention
World Bank debars Arinc
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US contractor banned from projects for 33 months for procurement violations in Egypt
World Bank bans Serbian contractor for fraud
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Energoprojekt Niskogradnja debarred from World Bank projects for 2.5 years following misconduct on projects in Uganda
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