EBRD is promoting green and inclusive lending in Mongolia by offering funds of up to $20 million (€18.4 million) to the country’s largest commercial lender, Khan Bank.The financial package consists of a $10 million facility under EBRD’s Green Economy Financing Facility for Mongolia,...
Africa pays a premium for its debt that in many instances it should not. Why the onerous debt costs? And what can be done about it without major systemic change?
ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though...
New asset classes are emerging as ECAs get smarter in how they extend to support, from EV gigafactories to mining deals. And developing markets are slowly becoming higher on the financing agenda.
Africa pays a premium for its debt that in many instances it should not. Why the onerous debt costs? And what can be done about it without major systemic change?
ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though some of the owed debt could be recovered – if lenders stump up new cash.
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