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Finance News
AfDB and EIB sign Partnership Action Plan to fast-track development in Africa
AfDB and EIB sign Partnership Action Plan to fast-track development in Africa The African Development Bank (AfDB) and the European Investment Bank (EIB) today signed a joint partnership action plan hi...
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Teledyne to acquire FLIR Systems for $8 Billion
Teledyne to acquire FLIR Systems for $8 Billion Teledyne Technologies Incorporated and FLIR Systems, Inc. jointly announced today that they have entered into a definitive agreement under which Teledyn...
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EIB supports €1.128 billion urban transport in Egypt
EIB supports €1.128 billion urban transport in Egypt The European Investment Bank (EIB) and the Arab Republic of Egypt have signed a €1.128 billion agreement to support investments in the rehabilitati...
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EBRD invests €450m for Ukraine Road Infrastructure
EBRD invests €450m for Ukraine Road Infrastructure Supporting two major goals of the government of Ukraine – improving the national road infrastructure and fighting corruption – the European Bank for...
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EBRD joins in €77.6m investments in infrastructure for Western Balkans
EBRD joins in €77.6m investments in infrastructure for Western Balkans The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and bilateral donors are stepping up their s...
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EIB backs €470 million road safety scheme in Greece
EIB backs €470 million road safety scheme in Greece The European Investment Bank has agreed to support a €470 million nationwide programme to reduce death and injury caused by traffic accidents across...
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Volvo Group launches green finance framework
Volvo Group launches green finance framework Volvo Group launches a Green Finance Framework for the financing of investments and projects in the area of clean transportation. The framework is classifi...
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Six pilot PPP projects could attract $2 Billion for Ukraine’s roads
Six pilot PPP projects could attract $2 Billion for Ukraine’s roads A new study reveals that properly structured public-private partnership (PPP) projects can help Ukraine attract potential inve...
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Crédit Agricole CIB supports Gammon Construction’s Green Guarantees in Asia-Pacific
Crédit Agricole CIB supports Gammon Construction’s Green Guarantees in Asia-Pacific Gammon Construction and Crédit Agricole Corporate and Investment Bank have announced an agreement to implement...
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Paragon Bank supports start-up FinniGroup to create a family plant hire business
Paragon Bank supports start-up FinniGroup to create a family plant hire business Paragon Bank is enabling three Leicestershire-based sisters to follow in the footsteps of their father by providing fun...
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EBRD finances almost 400 trolleybuses for 12 Ukraine cities
EBRD finances almost 400 trolleybuses for 12 Ukraine cities Over six million inhabitants of 12 cities in Ukraine are benefiting from better and more comfortable public transport thanks to the introduc...
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EBRD and Khan Bank underwrite heavy machinery company in Mongolia
EBRD and Khan Bank underwrite heavy machinery company in Mongolia The European Bank for Reconstruction and Development (EBRD) and local lender Khan Bank are supporting the operations of Mongolia’s lea...
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John Deere brings back No Payments, No Interest Finance for Compact Equipment
John Deere brings back No Payments, No Interest Finance for Compact Equipment To provide continued support to its customers, John Deere is offering its popular “No Payments, No Interest” finance offer...
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Covid19 and Capital Expenditure Investments
Covid19 and Capital Expenditure Investments Cancelled projects, interrupted supply chains, employee health and safety concerns — this is the reality for many construction companies following the coron...
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How to build a Successful Trucking Company
How to build a Successful Trucking Company Building a successful trucking company can be quite the challenge, but there are many steps you can take to help you get where you need to go. Although there...
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EIB approves €12.6 billion for transport, clean energy and urban development
EIB approves €12.6 billion for transport, clean energy and urban development The European Investment Bank (EIB) today approved €12.6 billion of new financing for projects across Europe and around the...
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World Bank funds $130.8m road infrastructure upgrade in Uganda’s West Nile sub-region
World Bank funds $130.8m road infrastructure upgrade in Uganda’s West Nile sub-region The World Bank Board of Directors today approved a grant of $130.8 million from the International Developmen...
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World Bank project in Himachal Pradesh to deliver safer, resilient roads
World Bank project in Himachal Pradesh to deliver safer, resilient roads The Government of India, the Government of Himachal Pradesh and the World Bank today signed a $82 million project to support Hi...
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UK experts call for £1b of investment for start-ups developing future mobility solutions
UK experts call for £1b of investment for start-ups developing future mobility solutions Prospedia Capital and Beauhurst have studied the investment flowing into early and growth-stage companies servi...
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AfDB financing Mueda-Negomano road phase II in Mozambique
AfDB financing Mueda-Negomano road phase II in Mozambique The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 3...
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Time is running out to apply for the Coronavirus Business Interruption Loan Scheme
Time is running out to apply for the Coronavirus Business Interruption Loan Scheme The window to attract crucial funding from the Government-supported Coronavirus Business Interruption Loan Scheme (CB...
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EBRD supports 35 year Port of Olvia concession project in Ukraine
EBRD supports 35 year Port of Olvia concession project in Ukraine Despite a challenging global economic outlook, Ukraine continues to attract leading international transhipping and stevedoring compani...
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CAT Financial introduces new deals to help construction firms get back on track
CAT Financial introduces new deals to help construction firms get back on track Cat Financial has introduced a bundle of finance deals to help construction firms get their businesses back on track as...
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EIB finances €15m for smart charging technology at The Mobility House in Germany
EIB finances €15m for smart charging technology at The Mobility House in Germany The European Investment Bank (EIB) and The Mobility House, a leading technology company and solution provider for charg...
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Asian Development Bank invests $31m to improve roads in Papua New Guinea
Asian Development Bank invests $31m to improve roads in Papua New Guinea The Asian Development Bank has approved a $31 million loan to expand and improve the road network in Papua New Guinea. The Tran...
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EBRD and KfW IPEX-Bank invest in electric car industry in Poland
EBRD and KfW IPEX-Bank invest in electric car industry in Poland Two leading European banks are promoting the electric car industry with an investment in a new plant in central Poland run by global ch...
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North American Development Bank finances Mexican border-wide transportation project
North American Development Bank finances Mexican border-wide transportation project The North American Development Bank (NADB) signed an initial loan agreement for up to $155.4 million pesos with Valu...
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Don’t miss out on the unbeatable Mecalac Buy Now Pay Later finance package
Don’t miss out on the unbeatable Mecalac Buy Now Pay Later finance package Time is running out for construction professionals nationwide to take advantage of Mecalac’s Buy Now… Pay Later f...
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EBRD finances $7m flood-protection scheme in Erdenet, Mongolia
EBRD finances $7m flood-protection scheme in Erdenet, Mongolia More than 15,000 people will directly benefit from sustainable infrastructure designed to protect them from seasonal flooding, thanks to...
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ADB and BOCFL finance $80m for Sustainable Urban Transport in China
ADB and BOCFL finance $80m for Sustainable Urban Transport in China The Asian Development Bank (ADB) has signed an $80 million loan with Bank of Communications Financial Leasing Co. Ltd. (BOCFL) to fu...
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African Development Bank finances $1.2m study for Ethiopia to Sudan railway
African Development Bank finances $1.2m study for Ethiopia to Sudan railway The African Development Bank’s Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a fe...
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KfW IPEX-Bank financing the eco-friendly expansion of Schiphol Airport
KfW IPEX-Bank financing the eco-friendly expansion of Schiphol Airport The project includes a new passenger terminal, a new aircraft pier and additional infrastructure. Construction of the new pier is...
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Mecalac announces unbeatable finance package for UK customers
Mecalac announces unbeatable finance package for UK customers Working in conjunction with Mecalac Financial Solutions, Mecalac Construction Equipment UK has launched an unbeatable Buy Now… Pay L...
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Mozambique and African Development Bank finance Mueda-Negomano road phase II
Mozambique and African Development Bank finance Mueda-Negomano road phase II The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for...
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ADB finances $177m for road construction in Maharashtra State
ADB finances $177m for road construction in Maharashtra State The Asian Development Bank (ADB) has approved a $177 million loan to India to upgrade 450 kilometers (km) of state highways and major dist...
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Nordic Investment Bank finances €70m for hydropower in Sweden and Finland
Nordic Investment Bank finances €70m for hydropower in Sweden and Finland NIB has signed a ten-year loan agreement of €70 million with Fortum Oyj to finance the refurbishment of two hydropower plants...
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EBRD finances €75m for modernisation of Tbilisi metro in Georgia
EBRD finances €75m for modernisation of Tbilisi metro in Georgia Residents of Georgia’s capital Tbilisi will benefit from a €75 million sovereign loan, with €65 million provided by the EBRD and €10 mi...
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KfW IPEX-Bank and MEAG financing A3 motorway expansion in northern Bavaria
KfW IPEX-Bank and MEAG financing A3 motorway expansion in northern Bavaria As part of an international consortium, KfW IPEX-Bank and MEAG are financing the six-lane expansion of federal motorway 3 (A3...
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AIIB finances $404m to improve 56km of Bangladesh’s National Highway N2
AIIB finances $404m to improve 56km of Bangladesh’s National Highway N2 The Asian Infrastructure Investment Bank (AIIB) has approved a US$404-million loan to improve Bangladesh’s intercity trave...
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NIB finances €68m port of Klaipėda expansion in Lithuania
NIB finances €68m port of Klaipėda expansion in Lithuania The Nordic Investment Bank (NIB) and the Klaipėda State Seaport Authority have signed a 19-year credit facility agreement for infrastructure i...
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Nordic Investment Bank finances new tram line for Helsinki
Nordic Investment Bank finances new tram line for Helsinki The Nordic Investment Bank (NIB) and the City of Espoo have signed a 25-year loan of EUR 65.6 million to finance the construction of the new...
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EIB and leading road safety NGOs partner to halve road deaths by 2030
EIB and leading road safety NGOs partner to halve road deaths by 2030 The European Investment Bank (EIB) today entered a partnership with the three NGOs leading Road Assessment Programmes (RAP) as par...
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Eurasian Development Bank finances US$95m for Big Almaty Ring Road in Kazakhstan
Eurasian Development Bank finances US$95m for Big Almaty Ring Road in Kazakhstan The Eurasian Development Bank (EDB) signed an agreement on the general terms and conditions for financing the construct...
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EIB invests €1.2m for Technical Assistance to support upgrade of Cairo Metro Line 2
EIB invests €1.2m for Technical Assistance to support upgrade of Cairo Metro Line 2 The European Investment Bank (EIB) has signed a €1.2 million Technical Assistance agreement with the Egyptian Nation...
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EIB invests €1.5m to upgrade of Tanta to EL Mansoura to Damietta railway in Egypt
EIB invests €1.5m to upgrade of Tanta to EL Mansoura to Damietta railway in Egypt The European Investment Bank (EIB) and the Egyptian Ministry of International Cooperation (MOIC) have signed a coopera...
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EBRD investment to double capacity of 202km road connecting Ulaanbaatar and Darkhan
EBRD investment to double capacity of 202km road connecting Ulaanbaatar and Darkhan The European Bank for Reconstruction and Development (EBRD) is investing to improve the regional integration and int...
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EBRD investing US$150m in Tajikistan for infrastructure development
EBRD investing US$150m in Tajikistan for infrastructure development The people of the Rasht Valley in eastern Tajikistan will soon benefit from better regional transport links, connectivity, and new e...
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IFC boosting modernization of Ukraine’s urban infrastructure
IFC boosting modernization of Ukraine’s urban infrastructure The International Finance Corporation (IFC), a member of the World Bank Group, and the Mayor’s Office of the city of Kryvyi Rih today...
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EIB funds €47m in Volán for eco-friendly buses
EIB funds €47m in Volán for eco-friendly buses Commuters in Hungary will enjoy new, faster, safer and more eco-friendly buses on regional and city lines across Hungary as a result of a €47m loan the E...
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EIB funding €180m for new Heraklion airport in Greece
EIB funding €180m for new Heraklion airport in Greece The European Investment Bank (EIB) has agreed to provide a €180 million loan to support construction of the New Heraklion International Airport on...
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World Bank financing new Bus Rapid Transit Corridor in Ho Chi Minh City
World Bank financing new Bus Rapid Transit Corridor in Ho Chi Minh City The World Bank and the Ministry of Finance today signed a financing agreement for a grant worth US$10.5 million to promote integ...
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EIB finances new trains for Naples Circumvesuviana network
EIB finances new trains for Naples Circumvesuviana network A new fleet of 40 electric trains for the railway network serving Naples and the province of Naples, the Circumvesuviana, to help significant...
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EIB funds €185m for modernising rail in Berlin under the Investment Plan for Europe
EIB funds €185m for modernising rail in Berlin under the Investment Plan for Europe The EIB (European Investment Bank) is providing €185m for modernising regional rail in Greater Berlin. DAL Deutsche...
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EBRD finances$12m to upgrade Asyaport in Turkey
EBRD finances$12m to upgrade Asyaport in Turkey Turkey’s key trans-shipment hub Asyaport will increase its capacity and improve efficiency with a new US$ 12 million loan by the EBRD. The International...
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AfDB funds $272m for construction of Msalato International Airport in Tanzania
AfDB funds $272m for construction of Msalato International Airport in Tanzania The Board of Directors of the AfDB (African Development Bank) has approved a $272.12 million loan to Tanzania for the con...
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EBRD finances Montenegro main road upgrade
EBRD finances Montenegro main road upgrade As part of its effort to improve regional integration in the Western Balkans, the EBRD is extending €15 million for the reconstruction and upgrade of the roa...
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EIB finances US$50m rebuild of hurricane damaged Sint Maarten International Airport
EIB finances US$50m rebuild of hurricane damaged Sint Maarten International Airport The European Investment Bank (EIB) is agreeing finance, enabling the reconstruction of Princess Juliana Internationa...
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EBRD finances €17m for 175 new buses for six cities in Georgia
EBRD finances €17m for 175 new buses for six cities in Georgia The EBRD is extending a €17 million sovereign loan to Georgia that will be on-lent to the Municipal Development Fund of Georgia (MDF) to...
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KfW IPEX-Bank supports PPP financing of Silvertown Tunnel project in London
KfW IPEX-Bank supports PPP financing of Silvertown Tunnel project in London KfW IPEX-Bank has joined forces with numerous other international banks and institutional investors to finance the Silvertow...
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World Bank approves major road upgrade for Timor-Leste
World Bank approves major road upgrade for Timor-Leste The World Bank’s Board of Executive Directors has approved a US$59 million credit to begin rehabilitating the 44.3km road corridor from Gleno to...
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