The Asian Infrastructure Investment Bank has made its first loan to India with US$160 million to support the 24×7 Power for All project in the state of Andhra Pradesh.
Norfund and Yoma Strategic Holdings are each investing US$1 million in a joint venture, which will establish micro-power plants and mini-grids to provide power to off-grid communities in Myanamar.
The US Overseas Private Investment Corporation (OPIC) is indirectly investing in Myanamar with a commitment letter to lend US$5 million to US-based microfinance company Early Dawn Microfinance. This will assist micro and small business-owners in Myanmar, specifically targeting low-income female entrepreneurs.
The Asian Development Bank has lent the Uzbekistan government $80 million to electrify 145km of railway, connecting the cities of Pap, Namangan, and Andijan.
The European Bank for Reconstruction and Development has invested in Slovenian company Javna Razsvetljava, the first project to receive finance from the bank’s €140 million Street Lighting Framework for the Baltic states, central, and south-eastern Europe.
Brazil’s National Bank for Economic and Social Development (BNDES) has awarded a series of contracts for the supply of water and sewerage in the states of Acre, Ceara, Rio Grande do Norte and Santa Caterina. The tenders amounted to a total of R$18.14 million.