German development bank KfW has inked two deals in Eastern Europe with a commitment to lend €125 million to Georgia for its electro-transmission network and €47 million to Albania for its water supply and sanitation systems.
The China Development Bank has agreed to lend Argentina’s BICE (Bank of Investment and Foreign Trade) US$150 million to develop SMEs, renewable energy and agribusiness among a range of possible projects.
The Asian Development Bank will lend the government of Tuvalu US$11.8 million to regenerate its ports.
French development finance institution Proparco has renewed its commitment to Cote D’Ivoire’s Aeria, which runs Abidjan’s airport, with a second loan of €13 million to expand the airport’s capacity.
A typically diverse week of activities at the World Bank Group’s IFC sees: