IFC may offer $7m loan to Fairyway to develop waste-to-energy plant in Sri Lanka

By
Posted

The balance project cost of $67 million is expected to be raised from commercial banks and sponsors equity.

IFC proposes to extend $50m local currency debt to Sri Lankan lender NDB

By

With IFC’s loan support of up to $50m, NDB expects to provide access to finance to agriculture related MSMEs in Sri Lanka over the next five years.


IFC proposes to extend up to $150m debt to Indian NBFC HBD Financial Services

By

HDB Financial Services Ltd is the non-banking financial services arm of Indian banking giant HDFC Bank Ltd.


IFC proposes to offer up to $75m financing to China Education Group

By

CEG is embarking on a $370-million expansion which includes the construction of new campuses and the acquisition of existing higher education institutions in China.


IFC may extend $20m debt to Sri Lanka’s Central Finance to boost lending to agri SMEs

By

The project aims to help 10,000 MSMEs in the agriculture value chain to get financed over the next five years.


India: IFC plans to invest up to $20m as debt in Arohan Financial Services

By

IFC said the proposed investment will not only aid the growth of microfinance in India but will also help Arohan expand borrowers’ access to microfinance.


Singapore: IFC may extend $120m loan to Temasek-backed Olam International

By

Olam shareholders are Temasek Holdings (53.6%), Mitsubishi Corporation Japan (17.4%) and company management team (6.5%).


Impact investor Lok Capital to inject 15% of third fund in fintech firms

By

This is the first time Lok Capital, which invests in businesses that generate both financial returns and social or environmental good, is considering tech companies.


IFC plans to inject $15m more in Indian housing finance firm Aptus

By

In September 2016, the firm had raised $40 million from WestBridge Capital Partners, and India Financial Inclusion Fund.


IFC looks to invest $150m across early stage infrastructure projects

By

The proposed project is the renewal of the operations of the Global Infrastructure Project Development Fund