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Finance News
EU enhances support for transport connectivity in Ukraine through EIB agreements
EU enhances support for transport connectivity in Ukraine through EIB agreements At the EU-Ukraine Association Council meeting held today in Brussels, the European Investment Bank (EIB) agreed with th...
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Investment Plan for Europe supports expansion of Budapest Liszt Ferenc International Airport
Investment Plan for Europe supports expansion of Budapest Liszt Ferenc International Airport Continued expansion and upgrades of Hungary`s main international airport are at the core of the €200 millio...
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EBRD partners with EU for Macedonian Railway Corridor VIII
EBRD partners with EU for Macedonian Railway Corridor VIII The modernisation of FYR Macedonia’s railway infrastructure is progressing, with the signing in Skopje today of a grant agreement for a furth...
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The European Investment Bank provides €229 million to support infrastructure in Egypt
The European Investment Bank provides €229 million to support infrastructure in Egypt The European Investment Bank (EIB) has signed two financing agreements for a total amount of €229m to support sani...
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EIB supports transport infrastructure in Slovakia
EIB supports transport infrastructure in Slovakia The European Investment Bank (EIB) is lending EUR 320m to the Slovak government for transport infrastructure in Slovakia. The EIB funds will co-financ...
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EIB supports the upgrading and expansion of the Ports of Rome and Lazio in Italy
EIB supports the upgrading and expansion of the Ports of Rome and Lazio in Italy The European Investment Bank (EIB) is supporting the development of the Ports of Rome and Lazio (Civitavecchia, Fiumici...
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European Investment Bank loan for Krakow tramways foster clean and green transport
European Investment Bank loan for Krakow tramways foster clean and green transport The European Investment Bank (EIB) and the Krakow bus and tram services operator MPK (Miejskie Przedsiębiorstwo Komun...
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African Development Bank approves €17.96 million Ring-Road project in Cameroon
African Development Bank approves €17.96 million Ring-Road project in Cameroon The African Development Bank has approved a €17.96 million loan to the Republic of Cameroon to finance the construction o...
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The European Investment bank finances better roads in Montenegro
The European Investment bank finances better roads in Montenegro The European Investment bank (EIB) and the Montenegro Government have signed today a €40 million loan for the rehabilitation and upgrad...
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EU bank confirms support for first line of Bogotá metro with US$480m in financing
EU bank confirms support for first line of Bogotá metro with US$480m in financing The European Investment Bank (EIB) today reiterated its commitment to finance the first line of Bogotá metro, a projec...
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ADB provides $78m to improve regional road links in Kyrgyz Republic
ADB provides $78m to improve regional road links in Kyrgyz Republic The Asian Development Bank’s (ADB) Board of Directors has approved a total of $78 million to complete the rehabilitation of a road t...
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Solomon Islands signs ADB grant to improve transport projects
Solomon Islands signs ADB grant to improve transport projects The Asian Development Bank (ADB) and the Government of Solomon Islands today signed a grant agreement to fund a new facility which will fi...
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EIB supports €330 million traffic upgrades at Port of Rotterdam
EIB supports €330 million traffic upgrades at Port of Rotterdam The European Investment Bank has agreed to provide ca. €330 million to support the construction of the so-called “Blankenburg connection...
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Multilateral banks reaffirm pledge to support technology-driven sustainable infrastructure
Multilateral banks reaffirm pledge to support technology-driven sustainable infrastructure The heads of the leading multilateral development banks (MDBs) meeting at the 2018 Global Infrastructure Foru...
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EBRD and other Development Finance Institutions increase use of blended finance
EBRD and other Development Finance Institutions increase use of blended finance A new report by international Development Finance Institutions (DFIs) shows for the first time the scale of concessional...
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Nordic Development Fund to co-finance improvements to the busiest road in Laos
Nordic Development Fund to co-finance improvements to the busiest road in Laos The project will showcase best-practice climate-resilient road infrastructure for the most heavily trafficked road sectio...
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Rural population of Andhra Pradesh to benefit from AIIB investment
Rural population of Andhra Pradesh to benefit from AIIB investment More than two million people living in rural areas of Andhra Pradesh, India, stand to benefit from an improved road network connectin...
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ADB providing US$180 Million to Improve Nepal’s Mahendra Highway
ADB providing US$180 Million to Improve Nepal’s Mahendra Highway The Board of Directors of the Asian Development Bank (ADB) has approved a loan of $180 million to support improvements to Nepal’s...
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ADB supports Elevated Highway in Sri Lanka to improve connectivity and trade
ADB supports Elevated Highway in Sri Lanka to improve connectivity and trade The Asian Development Bank’s (ADB) Board of Directors has approved a US$300 million loan to help in the construction of abo...
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Nordic Investment Bank finances new section of E18 motorway in Norway
Nordic Investment Bank finances new section of E18 motorway in Norway The Nordic Investment Bank finances new section of E18 motorway in Norway and the Norwegian toll-road operator Ferde AS have signe...
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European Investment Bank supports The Great North Road for Zambians
European Investment Bank supports The Great North Road for Zambians The European Investment Bank (EIB) has signed a €110 million (ZMK 1.27 billion) concessional loan with the Zambian Ministry of Finan...
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EBRD finances rehabilitation of Cairo Metro Line 1
EBRD finances rehabilitation of Cairo Metro Line 1 Millions of commuters will benefit from a €205 million loan provided by the European Bank for Reconstruction and Development (EBRD) to support the Eg...
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Bhutan receives World Bank support to reform the mining sector
Bhutan receives World Bank support to reform the mining sector The Royal Government of Bhutan today received a $300,000 grant from the Work Bank-led Extractives Global Programmatic Support (EGPS) mult...
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Metro de Madrid to upgrade and improve its network with EIB financing
Metro de Madrid to upgrade and improve its network with EIB financing The Madrid metro is set to offer improved levels of efficiency, safety and comfort. The European Investment Bank (EIB) has provide...
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India and World Bank sign $500m deal for all-weather rural roads using green technologies
India and World Bank sign $500m deal for all-weather rural roads using green technologies The Government of India and the World Bank today signed a $500 million loan agreement to provide additional fi...
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European Investment Bank supports upgrade of energy and road infrastructure in Ukraine
European Investment Bank supports upgrade of energy and road infrastructure in Ukraine The European Investment Bank (EIB) is lending €136m to Ukraine’s National Power Company Ukrenergo in support of a...
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EIB provides €150m for pan-European motorway through Bosnia and Herzegovina
EIB provides €150m for pan-European motorway through Bosnia and Herzegovina During an official visit by the President of the European Council, Donald Tusk, to Bosnia and Herzegovina, the EIB today sig...
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European Investment Bank funds Seychelles main harbour expansion
European Investment Bank funds Seychelles main harbour expansion During a public ceremony held in the presence of H.E. Danny Faure, President of the Republic of the Seychelles, agreements were signed...
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Emerging Africa Infrastructure Fund celebrates successful 2017
Emerging Africa Infrastructure Fund celebrates successful 2017 The Emerging Africa Infrastructure Fund (EAIF) ended 2017 with ten transactions signed and all its key performance indicators achieved. T...
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EIB provides €30m for renewal of Palma de Mallorca’s urban bus fleet
EIB provides €30m for renewal of Palma de Mallorca’s urban bus fleet Palma de Mallorca’s urban buses will start being replaced this year with new, more modern, safer, more comfortable and less polluti...
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ADB finances three Infrastructure Projects in Cambodia
ADB finances three Infrastructure Projects in Cambodia The Asian Development Bank (ADB) today signed three project loan agreements with the Government of Cambodia to provide infrastructure support for...
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ADB finances US$380m road improvements in Mindanao, Philippines
ADB finances US$380m road improvements in Mindanao, Philippines The Asian Development Bank’s (ADB) Board of Directors has approved a $380 million loan to help the Philippine government strengthen the...
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BAM wins German PPP road project A10 / A24 Neuruppin to Pankow
BAM wins German PPP road project A10 / A24 Neuruppin to Pankow The consortium consisting of BAM-PGGM and HABAU, has been appointed preferred bidder for the project Availability Model A10 / A24 AS Neur...
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ADB finances urban and transport improvements in Pakistan
ADB finances urban and transport improvements in Pakistan The Asian Development Bank (ADB) and the Government of Pakistan today signed two loans totalling $380 million for projects to help improve the...
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AfDB approves US$153m to improve road and rail transportation in Namibia
AfDB approves US$153m to improve road and rail transportation in Namibia To help speed up travel and transportation in Namibia, the Board of the African Development Bank has approved a loan of ZAR 2,0...
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New EIB €8.9 billion financing to support climate, water, transport, enterprise and education
New EIB €8.9 billion financing to support climate, water, transport, enterprise and education The December board meeting of the European Investment Bank (EIB) yesterday approved a total of €8.9 billio...
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EIB supports upgrade of Kharkiv Metro in Ukraine
EIB supports upgrade of Kharkiv Metro in Ukraine The European Investment Bank (EIB) is lending EUR 160m to finance improvements to the public transport system in Ukraine’s second largest city. EIB fun...
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ADB approves US$400m to modernise Azerbaijan’s North-South Railway Corridor
ADB approves US$400m to modernise Azerbaijan’s North-South Railway Corridor The Asian Development Bank’s (ADB) Board of Directors has approved two loans totalling $400 million to help strengthen...
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AfDB approves €122m loan for Tunisia Road Improvement Project
AfDB approves €122m loan for Tunisia Road Improvement Project The Board of the African Development Bank Group (AfDB) has approved a loan of €112 million to help finance the North-East Road Connectivit...
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EIB supports modernisation in Poland with €650 million for the Railways
EIB supports modernisation in Poland with €650 million for the Railways From Gdańsk to Katowice, over 1,000 kilometres of Polish railways will be modernized and upgraded with the help of a EUR 650-mil...
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EIB finances tolling infrastructure in Slovenia
EIB finances tolling infrastructure in Slovenia The European Investment Bank (EIB) is lending €51 million to Slovenia’s motorway company DARS to finance the introduction of an electronic tolling syste...
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EIB agrees €9.2b financing for rail, climate action, broadband and business
EIB agrees €9.2b financing for rail, climate action, broadband and business Meeting in Luxembourg earlier today the board of the European Investment Bank approved a total of €9.2 billion of new financ...
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EIB finances new 17km suburban rapid transit system in Tunis
EIB finances new 17km suburban rapid transit system in Tunis The European Investment Bank (EIB) is strengthening its support for the development of efficient and sustainable urban transport infrastruc...
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Florida’s 21 mile, $2.3 billion, Interstate 4 reconstruction supported by VolvoCE
Florida’s 21 mile, $2.3 billion, Interstate 4 reconstruction supported by VolvoCE Florida’s I-4 Ultimate Improvement Project is at the forefront of several global trends in infrastructure design...
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AfDF paves way for Guinea-Sierra Leone road reconstruction with €48 million
AfDF paves way for Guinea-Sierra Leone road reconstruction with €48 million The Boards of the African Development Bank Group have approved funding of €48 million from the African Development Fund (ADF...
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Infrastructure upgrade essential for Asia to continue growth
Infrastructure upgrade essential for Asia to continue growth Infrastructure is essential for development. Roads, railways, ports and power supplies have helped drive Asia’s growth, allowing its people...
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EIB finances €600m “Y Vasca” high-speed rail line in Spain
EIB finances €600m “Y Vasca” high-speed rail line in Spain Minister of Public Works and Transport Íñigo de la Serna attended the signing of a €600m loan granted by the European Investment...
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Record €500m EIB loan for India’s Bangalore Metro
Record €500m EIB loan for India’s Bangalore Metro The European Investment Bank (EIB) will provide EUR 500 million to support the construction of a new 18 station Rapid Transit line in Bangalore...
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ADB provides US$900 Million financing to upgrade Sri Lanka’s rural road network
ADB provides US$900 Million financing to upgrade Sri Lanka’s rural road network The Asian Development Bank’s (ADB) Board of Directors has approved financing of up to US$900 million for a program...
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EU Bank supports first tramway line in Tampere, Finland with €150m loan
EU Bank supports first tramway line in Tampere, Finland with €150m loan To meet the needs of the growing city and urban area, a modern tramline system has been designed for Tampere. Fostering sustaina...
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Balfour Beatty wins £36m extension to operate and maintain UK M1-A1 Link Road
Balfour Beatty wins £36m extension to operate and maintain UK M1-A1 Link Road Balfour Beatty, the international infrastructure group, has been awarded a £36 million contract extension to its existing...
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IDB funds General San Martin metropolitan area railway line US$400m improvements in Argentina
IDB funds General San Martin metropolitan area railway line US$400m improvements in Argentina A railway improve project in Argentina has been funded for the section between Retiro Station in downtown...
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Ghana targets 5 million passengers yearly with AfDB funded international airport expansion
Ghana targets 5 million passengers yearly with AfDB funded international airport expansion The construction of a new terminal at Ghana’s flagship airport, Kotoka International Airport, is expected to...
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Emerging Africa Investment Fund backs expansion at two Madagascar airports
Emerging Africa Investment Fund backs expansion at two Madagascar airports Two airports in Madagascar are to have their runways, passenger terminal facilities and allied infrastructure upgraded and ex...
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EIB lends €1bn to co-finance Romania’s transport infrastructure projects
EIB lends €1bn to co-finance Romania’s transport infrastructure projects The European Investment Bank (EIB) is lending EUR 1bn to co-finance with European Structural and Investment Funds priorit...
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ASTALDI wins € 82 million railway contract in Poland
ASTALDI wins € 82 million railway contract in Poland The Astaldi Group has been awarded the works to updgrade a section of the E-59 Warsaw-Poznań railway line (Lot IV). The contract amounts to EUR 82...
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Spain receives €217m loan from EIB for growth, transport and employment in the Junta de Andalucía region
Spain receives €217m loan from EIB for growth, transport and employment in the Junta de Andalucía region The European Investment Bank (EIB) has granted the Junta de Andalucía a EUR 217 million loan fo...
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20 million Africans benefit from transport and ICT projects financed by AfDB in 2016
20 million Africans benefit from transport and ICT projects financed by AfDB in 2016 Transport and information and communication technology (ICT) projects financed by the African Development Bank (AfD...
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European Investment Bank signs €80m loan to finance research into environmentally friendly refuse lorries
European Investment Bank signs €80m loan to finance research into environmentally friendly refuse lorries The European Investment Bank (EIB) will grant EUR 80m in financing to Urbaser for its investme...
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African Development Bank funds US$829 Million for Songwe River Basin Program in Malawi and Tanzania
African Development Bank funds US$829 Million for Songwe River Basin Program in Malawi and Tanzania Malawi and Tanzania have agreed to work together for the development of the Songwe River Basin Progr...
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