Featured ADB expands climate lending with US, Japan guarantees Aya El Sayed Nov 11, 2024 0 The Asian Development Bank (ADB) announced a $7.2 billion boost in climate lending, backed by the United States and…
Featured IFC, Axis Bank launch $500m blue finance initiative in India Aya El Sayed Oct 8, 2024 0 The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million loan aimed at…
Money Global climate finance reaches $125b in ’23 Aya El Sayed Sep 22, 2024 0 Multilateral development banks (MDBs) announced that their global climate finance reached a record $125 billion in…
Featured WB achieves record $42.6b in climate finance for FY ’24 Aya El Sayed Sep 22, 2024 0 The World Bank (WB) has announced a record $42.6 billion in climate finance for fiscal year 2024, marking a 10 per…
Featured UAE’s $30b climate fund gears up for new investments Aya El Sayed Jul 4, 2024 0 The United Arab Emirates' $30 billion climate finance fund, Alterra, is preparing for its next investment phase…
Featured Egypt’s private sector attracts $10.3b investments in 4 years Aya El Sayed May 19, 2024 0 Egypt has facilitated $10.3 billion in funding and investments for the private sector over the past four years,…
Africa News British lender announces $100m financing pact for Africa Aya Anwar Mar 25, 2024 0 British International Investment, a development lender, announced a $100 million financing agreement with TDB.
Featured COP29 still without host as Russia blocks Bulgaria’s bid Aya El Sayed Dec 6, 2023 0 Russia, which is facing sanctions from the European Union due to its war in Ukraine, is objecting to the idea of…
unclassified Egypt, Italy sign green electric corridor MoU at COP28 Aya El Sayed Dec 5, 2023 0 The German Siemens Energy Group and the Italian Prysmian Group announced on Tuesday the signing of a memorandum of…
Featured OPEC chief warns of energy chaos if oil left underground Aya El Sayed Dec 5, 2023 0 At the COP28 summit in Dubai, Organisation of the Petroleum Exporting Countries (OPEC) Secretary-General Haitham…