All Funding & Development loans Articles

ADB and China Eximbank sign co-financing
The Asian Development Bank (ADB) and The Export-Import Bank of China (China Eximbank) have signed a co-financing agreement worth US$3 billion for projects in developing Asia.
ADB capital base to triple
Development bank's governors agree to riase capital from US$ 55 billion to US$ 165 billion.
World Bank loans for China rail, road projects
The World Bank has approved loans totaling US$ 450 million to finance road and rail projects in central and western China.
World Bank road loan for Kenya
The World Bank has approved a KES 26 billion (US$ 328 million) loan to Kenya to complete upgrading the Mau Summit to Kisumu section of the Northern Corridor Road and improve electricity distribution.
Serbia negotiating Chinese loan for new bridge
The Serbian government is negotiating a € 200 million loan with the Chinese government to construct a bridge over the Danube River in Belgrade.
World Bank approves US$ 400 million Ukrainian road project
The World Bank has approved a US$ 400 million grant for Ukraine's Roads and Safety Improvement Project, its first transport project in Ukraine, with the aim of improving sections of the M-03 road.
IDB approves US$ 1.3 billion infrastructure loans
The Inter-American Development Bank (IDB) has approved a US$ 1.3 billion loan to Colombia's water, sanitation, energy and infrastructure sectors.
Singapore announces US$ 13 billion infrastructure spend
Singapore's Governemnt has announced plans to spend between SGD 18 to SGD 20 billion (US$ 11.9 to US$ 13.2 billion) on infrastructure projects in 2009.
WB approves US$ 1.2 billion for Ghana
The World Bank (WB) has approved interest-free loans totalling US$1.2 billion to Ghana over the next three years targeting transport, water and sanitation, agriculture and fisheries, energy, natural resource management and budget support.
ADB loan for Vietnam's Thanh Hoa city
The Asian Development Bank (ADB) has approved a US$ 72 million loan to help develop and upgrade key urban infrastructure and services in the city of Thanh Hoa, Vietnam.
VIDEO: Italy revives Messina Straits bridge
Italy's president Silvio Berlusconi has revived plans to construct a suspension bridge linking the island of Sicily to the Italian mainland, pledging € 1.3 billion towards its projected cost of € 6.1 billion.
WB grant for emergency school reconstruction in Haiti
The World Bank (WB) has approved a US$ 5 million grant to the Republic of Haiti to help rebuild public primary schools that were damaged by hurricanes and tropical storms in August and September 2008.
Donations to rebuild Gaza "beyond expectations"
Donors from 70 countries have pledged to donate almost US$ 4.48 billion in aid to the Palestinians, mainly to rebuild Gaza following the earlier conflict with Israel.
Surviving as a rental business in today's economy
Financial advisor gives tips on how to stay on top at annual Construction-U event
IDB approvals up +18% in 2008
The Inter-American Development Bank (IDB) increased its loan and credit guarantee approvals by +18% last year to US$ 11.2 billion. Disbursements reached US$ 7.6 billion, almost US$ 500 million more than in 2007.
US$ 48 billion for US infrastructure
US President Obama has signed the economic stimulus plan in Denver, Colorado, that will see US$ 48 billion of the overall US$ 787 billion directed towards infrastructure spending.
Ethiopia expands road network
The Ethiopian Roads Authority (ERA) has awarded three road contracts worth US$ 170 million as it looks to expand cross border trade routes.
World Bank calls for new infrastructure investment fund
The World Bank has called for urgent steps to help poor countries weather the global financial crisis, including a new infrastructure fund.
Second runway for Abuja
Nigeria's government has approved a second runway for Nnamdi Azikiwe International Airport, Abuja, at the cost of about NGN 8 billion (US$ 53.8 million).
China plans railway expansion
China's Jiangxi province plans to invest CNY 116.52 billion (US$ 17 billion) in new railways over the next three years, according to state news agency Xinhua.
Load More