All Funding & Development loans Articles

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
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
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.
African Development Bank debars Kenyan construction contractor for 15 months after fraud probe
The African Development Bank (ADB) has debarred a Kenya-based contractor from participating in activities it helps to finance for 15 months after a fraud probe.
South Korea to help reconstruction in Ukraine
Hyundai signed a partnership with the city government of Mykolaiv to provide construction equipment
UK government increases available funds for Sizewell C nuclear energy project
The funds will aid in preparing the site for construction, sourcing key components and expanding the workforce
Turner Construction begins Albany airport expansion
The initiative is a component of a broader effort led by New York Governor Kathy Hochul, involving an investment of US$230 million
Who is winning the majority of construction contracts in Africa?
The construction landscape across Africa has changed dramatically since the 1990s
Brazil’s US$76 billion infrastructure investment
Brazilian president Luiz Inácio Lula da Silva’s ambitious infrastructure investment plan
Saudi fund signs off on $75m loan to rebuild Saint Lucia hospital
The Saudi Fund for Development (SFD) has signed a loan agreement with the Prime Minister of Saint Lucia worth US$75 million for the reconstruction of a hospital.
How are rising interest rates affecting equipment finance?
Interest rates drive costs up for equipment buyers
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