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Europe & UK

EIB signs Green Loans with Banfondesa, Fondesa for small and micro enterprises

The EIB provides finance to Banfondesa and Fondesa for the banks to provide Green Loans to micro and small companies in the Dominican Republic · The EIB helps Banfondesa and Fondesa with financing and technical assistance to enter the Green Microfinance loan sector for small and micro enterprises · This finance will focus on financial inclusion and is due to benefit 1,500 families, […]

REDAVIA Partners With Lendahand to Crowdfund Upcoming Solar Farms

MUNICH : REDAVIA, a global market leader of cost-effective, reliable and clean solar power for businesses and communities, has launched a crowdfunding initiative to fund 10 upcoming solar Units in partnership with Lendahand, an online impact investing platform where socially conscious investors can invest in entrepreneurs and sustainable initiatives in emerging countries. The innovative REDAVIA […]

Dominican Republic: EIB and the European Union agrees USD 70 million support for climate change resilience and adaption

EIB supports the reconstruction of damaged infrastructure and housing in the Dominican Republic with grant support from the EU This financing will deliver 1,100 new affordable houses, 55km of new and upgraded roads, over 4km of new and rehabilitated dykes Visit to the Caribbean focused on supporting climate change adaptation and resilience The European Investment […]

Germany Africa Business Forum announces multi-million Euro funding commitment to invest in German-African energy startups

The Germany Africa Business Forum (GABF) brings together Africa’s foremost executives with German companies, investors and innovators with the aim of driving change. BERLIN : The Germany Africa Business Forum e.V. (“GABF”), whose goal is to strengthen investment ties between Germany and Africa, announced it has, in collaboration with private partners from the energy industry, […]

AIIB, EBRD and BSTDB co-finance expansion of Turkey’s largest geothermal plant

Three major development banks are helping Turkey diversify its energy mix with an investment adding close to 100 MW in capacity to EFELER, the country’s largest geothermal power plant. The Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) are contributing to […]

ENGIE and Meridiam achieve financial close for two solar photovoltaic projects in Senegal

The solar photovoltaic (PV) plants are part of the Scaling Solar initiative in Senegal, conducted jointly by the Senegalese authorities and International Finance Corporation (IFC) PARIS, France: ENGIE (www.ENGIE.com) and partners Meridiam and FONSIS have signed the EPC, Operation & Maintenance and Finance contracts for two solar PV projects of 60 MW. The total investment […]