All Funding & Development loans Articles
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.
Construction is expected to start in 2026
Prime Minister Chinh expected the bank to expand its financial support for Vietnam
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.
The board approved a US$700 million credit line as well as a US$345 million first loan
During the first three quarters, 5,409 dangerous bridges on rural roads were renovated
The fund will invest in a pool of energy transition and project loans, such as renewable energy and related clean technologies
A deal was signed the same day between the government and state-owned fund CDG to finance the new stadium
The new financing will support several important Rail Baltica sub-projects in Estonia
The current government’s primary objective is to transform Paraguay into the “multimodal logistics hub of the region”
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.
The country’s external debt totals US$8 billion
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.
Hyundai signed a partnership with the city government of Mykolaiv to provide construction equipment
The funds will aid in preparing the site for construction, sourcing key components and expanding the workforce
The initiative is a component of a broader effort led by New York Governor Kathy Hochul, involving an investment of US$230 million
The construction landscape across Africa has changed dramatically since the 1990s
Brazilian president Luiz Inácio Lula da Silva’s ambitious infrastructure investment plan
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.
Interest rates drive costs up for equipment buyers