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17 May 2018

MUFG promotes Lindenberg

MUFG has promoted project finance veteran Jon Lindenberg to head of investment banking for the Americas. He succeeds Fumitaka Nakahama, who will return to Tokyo as head...

17 May 2018
in
Power

GE buys share in 1GW Lamu coal-fired power project

GE Power paid Sh40 billion for a 20% stake in Amu Power, the project company developing the 1,050MW Lamu coal-fired  power plant in Kenya.  GE is...

17 May 2018
in
Agri/Soft Commodities

ADM, Bunge say they can navigate US-China trade tensions

Grain merchants Archer Daniels Midland and Bunge can withstand agricultural trade disruptions arising from US-China tensions and potentially profit from them, company...

17 May 2018

Fengate appoints Chairman for US infrastructure unit

Fengate Real Asset Investments has appointed Martin Klepper as Chairman of the Board for its US infrastructure business unit that invests and develops PPP,...

17 May 2018
in
Renewables

Vattenfall, PKA and Vestas join for 353MW Swedish wind project

Vestas will supply 84 turbines to, and acquire a 40% stake in a 353MW onshore wind project in Asele and Lycksele Municipalities in central Sweden. Vestas will...

17 May 2018
in
Infrastructure, Transport

HRADF names pre-qualifiers for Egnatia Odos motorway and Alimos marina

The Hellenic Republic Asset Development Fund (HRADF) has assessed the expressions of interest and named the pre-qualifiers for the Egnatia Odos motorway and the marina of...

17 May 2018
in
Oil & gas

Vitol, Glencore, Shell in running for Petrobras' Nigerian assets

The world's three largest oil traders - Vitol, Glencore, and Shell - are competing to buy the African arm of Brazil's Petrobras that owns stakes in two major...

17 May 2018
in
Renewables

ERG completes acquisition from Impax New Energy

ERG Power Generation has completed the purchase of the 8MW Parc Eolien du Melier wind farm, the 18MW Parc Eolien de la Vallee de Torfou wind farm and developer Epuron...

17 May 2018
in
Transport

KfW IPEX finances two A330s for RwandAir

Germany's KfW IPEX-Bank and Deutsche Pfandbriefbank are participating in the financing of two Airbus A330s for the African airline RwandAir. The loan will be passed...

17 May 2018
in
Infrastructure, Transport

Uganda drags out award of road projects as bidders threaten withdrawal

The Uganda National Roads Authority (Unra) has failed to award contracts for the Busega-Mpigi expressway and the Masaka-Bukakata road despite one year having elapsed...

17 May 2018
in
Renewables

Angola plans to join Scaling Solar program

The Angolan Ministry of Energy and Water has invited representatives of the World Bank to discuss ways of increasing the share of solar energy in the African country...

17 May 2018
in
Infrastructure, Power, Transport, Waste and water

BCDA starts tendering process for New Clark City utilities

The Bases Conversion and Development Authority of the Philippines has started the selection process to find joint venture partners to design, build, finance, operate and...

17 May 2018
in
Infrastructure, Transport

Kenya chooses PPP model for Mombasa-Nairobi expressway

Kenya's Transport and Infrastructure Cabinet Secretary has announced that the government has opted to execute the Sh300 billion Nairobi-Mombasa expressway as a PPP...

17 May 2018
in
Metals and Mining

Argosy seeks financing for Argentina lithium site through pilot sales

Australian miner Argosy Minerals plans to use the production from the pilot plant at its lithium carbonate mine in Argentina to entice financing for its commercial...

17 May 2018
in
Renewables

EBRD arranges financing of 50MW Baikonur solar power plant

The European Bank for Reconstruction and Development is organising a loan together with the Clean Technology Fund and the Asian Development Bank to fund the...

17 May 2018
in
Infrastructure, Transport

Twelve line up for Purvanchal Expressway

Twelve companies have submitted technical bids for the construction of the 341km six-lane access-controlled Purvanchal expressway running from Lucknow to Ghazipur in...

17 May 2018

Thompson & Knight hires Labastida to Mexico City office

Law firm Thompson & Knight has hired Jorge Labastida to its Mexico City office as a Partner in the Finance Practice Group. He focuses his practice on sectors such as...

17 May 2018

AfDB approves facility to boost lending to SMEs in Liberia

The African Development Bank (AfDB) has approved a $20 million facility to boost lending to small and medium-sized enterprises in Liberia. The loan is a trade finance...

17 May 2018

Infosys creates blockchain tracking system for trade finance

Infosys has created a blockchain-based document tracking system for trade finance and is implementing the solution with seven private banks in India: Axis Bank, ICICI...

17 May 2018

Belarus development bank agrees credit line to boost exports to Africa

The Development Bank of Belarus will open a $70 million credit line to finance Belarusian exports to Africa. The agreement was signed by the Development Bank of Belarus...