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ADB Approves $275 Million Financing to Expand Access to Finance, Clean Energy, and Transport in PNG

Papua New Guinea, Dec. 15 -- The Asian Development Bank (ADB) has approved three projects totaling $275 million to expand access to financial services for individuals and businesses, improve rural con... Read More


ADB Approves $9 Million Grant to Unlock Business Opportunities for Women in Tonga

Tonga, Dec. 15 -- The Asian Development Bank (ADB) has approved a $9 million grant to expand credit access and unlock business opportunities for women entrepreneurs in Tonga. This initiative will help... Read More


ADB Approves $24.4 Million Grant to Restore Earthquake-Damaged Wharf Road in Vanuatu

Vanuatu, Dec. 15 -- The Asian Development Bank (ADB) has approved a $24.4 million grant to rehabilitate Port Vila's wharf road in Vanuatu, which was severely damaged by a 7.3 magnitude earthquake in 2... Read More


ADB, Timor-Leste Sign $78 Million Financing to Upgrade National Road Network

Timor-Leste, Dec. 15 -- The Asian Development Bank (ADB) and the Government of Timor-Leste have signed a $75 million loan and a $3 million grant agreements to rehabilitate a vital segment of the natio... Read More


African Development Bank Group debars Tetralink Taylor & Associates East Africa Limited for 24 months for a Fraudulent Practice

Cote Dlvoire, Dec. 15 -- The African Development Bank Group today announces the 24-month debarment of Tetralink Taylor & Associates East Africa Limited, a consulting firm registered in the Republic of... Read More


African Development Bank and Sao Tome and Principe sign three new grant financing agreements

Sao Tome and Principe, Dec. 15 -- The African Development Bank Group and the Government of Sao Tome and Principe have deepened their development partnership with $18 million in new grant financing.Sig... Read More


African Development Bank approves $11 million to upgrade sanitation in Juba

South Sudan, Dec. 15 -- The Boards of Directors of the African Development Bank Group, on 8 December, approved an addendum to the South Sudan Climate Resilient Sanitation and Institutional Support Pro... Read More


EBRD-backed grid investments pave way for greener Egypt

Egypt, Dec. 15 -- The European Bank for Reconstruction and Development (EBRD) is supporting Egypt's transition to a green economy with a €200 million financing package for the Egyptian Electrici... Read More


EBRD and Turkiye's TEB join forces in €100 million sustainability push

Turkey, Dec. 15 -- The European Bank for Reconstruction and Development (EBRD) is lending €100 million to Turk Ekonomi Bankas? (TEB) to support green investments in Turkiye. The financing, which... Read More


EBRD announces first investment in Iraq

Iraq, Dec. 15 -- The European Bank for Reconstruction and Development (EBRD) has launched its first investment in Iraq, providing a US$ 100 million trade finance facility to the National Bank of Iraq ... Read More