All Funding & Development loans Articles

Asian Development Bank approves US$2.1bn finance for Philippines bridge
The Bataan–Cavite Interlink Bridge (BCIB) will complete the transport loop around Manila Bay
African Development Bank approves US$696m funding for Central Corridor Network
The Board of Directors of the African Development Bank Group has approved various financing structures valued at US$696.41 million
Italy to withdraw from China’s Belt and Road Initiative
Italy to step away from world’s largest infrastructure scheme
Hungary plans to build €6bn ‘Dubai-style’ Budapest district
The Hungarian government will spend approximately €1 billion to improve the infrastructure
First Scottish crane operator apprenticeship announced
Scottish Plant Owners Association and CITB announce first ever Scottish crane operator apprenticeship
Cameroon receives €74.4m loan to build bridge to Equatorial Guinea
Cameroon has received a €73.4 million (US$80 million) loan from the African Development Bank to build a bridge across the River Ntem, which forms a natural boundary with Equatorial Guinea.
Poland approves second large nuclear plant project
Construction is expected to start in 2026
Vietnam hopeful for World Bank loans to fund road infrastructure
Prime Minister Chinh expected the bank to expand its financial support for Vietnam
Iveco Group finalises loan from European Investment Bank
The cash will support decarbonisation of the transport sector through new tech developments
Canadian Rental Association unveils scholarships
Scholarships to “empower next generation of leaders”
US fund to pump $553m into Sri Lanka port construction project
A US fund is to extend $553 million to a consortium of companies to build a new deepwater shipping container terminal in the Port of Colombo, Sri Lanka.
US$1bn loan approved for new bridge in Argentina
The board approved a US$700 million credit line as well as a US$345 million first loan
China achieves 90% of road reconstruction projects target
During the first three quarters, 5,409 dangerous bridges on rural roads were renovated
South African bank to launch US$1bn green energy fund
The fund will invest in a pool of energy transition and project loans, such as renewable energy and related clean technologies
MyCrane launches in India and Saudi Arabia
Digital platform continues global expansion with new investments
Morocco to build and upgrade stadiums before 2030 World Cup
A deal was signed the same day between the government and state-owned fund CDG to finance the new stadium
Rail Baltica receives additional €1.1bn funding to support sub-projects
The new financing will support several important Rail Baltica sub-projects in Estonia
Paraguay to invest US$5.5bn to strengthen infrastructure
The current government’s primary objective is to transform Paraguay into the “multimodal logistics hub of the region”
Why African countries are being urged to rethink loans for new infrastructure to avoid ‘disaster’
Loans that demand natural resources in return for money to fund infrastructure and construction projects are a “disaster” for Africa and countries on the continent should stop taking them, argue the IMF and African Development Bank.
Kenya to request US$1 billion loan to resume work on road construction projects
The country’s external debt totals US$8 billion
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