3 mins in Development Finance/ wk 26
6 min readJul 6, 2021
My weekly reading list for those interested in development finance and Impact investing focused on developing countries.
IFC and World Bank
- (-.06.21) REPORT: China conomic Update — Beyond the Recovery: Charting a Green and Inclusive Growth Path | The World Bank
- (27.06.21) Nepal inks $150-mn loan pact with World Bank for post-Covid growth | Business Standard News
- (28.06.21) World Bank supports Burkina Faso’s rural solar electrification with $168m | pv magazine International
- (28.06.21) IFC Partners with Southeast Asia Commercial Joint Stock Bank to Increase Lending to Smaller Businesses and Women-Owned SMEs in Vietnam, Promote Climate Finance | IFC
- (28.06.21) World Bank Board Approves New Financing Totaling $800 Million to Support Critical Power Sector Reforms and Human Capital Development | The World Bank
- (29.06.21) AIIM, Adenia and IFC in telecoms deal | Africa Global Funds
- (29.06.21) World Bank Approves $500 Million Program to Protect India’s Informal Sector Workers | The World Bank
- (30.06.21) Thai ship owner secures IFC sustainability-linked financing package | The Asset
- (30.06.21) Kenya’s Women Entrepreneurs Held Back from Corporate Procurement: IFC Study | IFC
- (02.07.21) IFC Partners with Tunisian Olive Oil Producer CHO, Promoting Job Creation and Sustainability | IFC
- (02.07.21) IFC and Canada Invest in Kinguele Aval Hydropower Plant to Support Clean Power Generation in Gabon | IFC
- (02.07.21) Activists cautiously optimistic about new IFC accountability policy | Devex
World Bank / EBRD/ AfDB / ADB /AIIB /EIB
- (30.06.21) MDBs Climate Finance Hit $66 Billion in 2020, Joint Report Shows | Asian Development Bank
IFC / CDC / PROPARCO / Japan International Cooperation Agency / Japan Bank for International Cooperation / DFC / FinDev Canada / DEG /CDP
ADB
- (28.06.21) Balakot Hydropower Project to generate over 1200 jobs: ADB | Business Recorder
- (30.06.21) ADB Generally Endorses New Strategy for Pacific Small Island Developing States | Asian Development Bank
- (02.07.21) Q&A: Funding Green Recovery in Southeast Asia | Asian Development Bank
- (02.07.21) VIDEO: ADB Proposes SDG Accelerator Bonds for Green Infrastructure Projects in Southeast Asia | Asian Development Bank
AfDB
- (27.06.21) Africa: AfDB to Spend $2bn On AfCFTA Infrastructure Projects | allAfrica.com
- (28.06.21) CAMEROON: AfDB Ensures Environmental Compliance of its Projects | Afrik 21
- (28.06.21) Mozambique: Italy and Adb Grant €990,000 for Agro-Processing | allAfrica.com
- (30.06.21) South Korea and AfDB to spend $600 million on energy projects | ESI Africa
- (30.06.21) African Development Bank participates in launch of AGRF platform linking Africa’s SMEs to investment opportunity | African Development Bank
- (01.07.21) African Development Bank’s Affirmative Finance Action for Women in Africa program showcased at Generation Equality Forum | Africanews
- (02.07.21) African Development Bank’s new economic governance strategy advocates bold public finance reforms | African Development Bank
EIB
- (28.06.21) PSE delisting dormant Primetown, ExportBank | Inquirer Business
- (03.07.21) Egypt, EBRD maintain close partnership developing green projects: International Cooperation Minister | Daily News Egypt
EIB / CDC
EBRD
AIIB
- (28.06.21) Mobilizing private capital to fund Asia infrastructure | The Asset
- (30.06.21) Fitch Affirms AIIB at ‘AAA’; Outlook Stable | Fitch Ratings
CDC
- (29.06.21) REPORT: What’s the impact of investing in urban infrastructure in Africa? | CDC Group
- (30.06.21) CDC Group sells 3.7% stake in IIFL Finance worth Rs337 crore | Mint
CDC / AfDD / FMO / DEG
DEG
CDC / Finnfund / FMO / Swedfund
- (-.06.2021) TOOL: Free web tool for carbon Sequestration calculation | FRESCOS
- (29.06.21) New open-access FRESCOS Tool launched for accounting the carbon sequestration in forestry projects | Finnfund
DFC
DFC / CDC / Finnfund / Proparco / EIB
- (01.07.21) Launching a new global industry body that convenes the entire spectrum of investors to promote gender lens investing | Finnfund
- (02.07.21) Women’s World Banking Capital Partners II, supported by DFC and EIB, becomes 2X Challenge pioneer flagship fund | EIB
Finnfund
- (30.06.21) New statement on climate and energy will guide Finnfund’s climate actions | Finnfund
- (01.07.21) Finland’s ‘major development financier’ eyes investment in Pakistan’s TPL Insurance | Business Recorder
- (02.07.21) FinnFund to invest in TPL | The News International
Norfund
PROPARCO
- (28.06.21) Proparco and EAIF in biomass power plant deal | Africa Global Funds
- (28.06.21) REPORT: Proparco 2020 Sustainable Development Report: A focus on Proparco’s project monitoring, its impact on gender equality, its extra-financial offer, and its response to the crisis | Proparco
Misc Content in Development Finance
- (30.06.21) PayPal to Invest $100 Million in Financial Inclusion, Gender Equality Efforts | MarketWatch
- (30.06.21) Africa’s first 3D-printed affordable home | World Economic Forum
- (01.07.21) A More Impactful Approach To Impact Investing | Forbes
- (02.07.21) WEBINAR RECORDING: Impact Investing: ESG/C-PACE/Brownfield Remediation | REBusinessOnline
Misc Technology
- (-.05.21) Enabling Women’s Financial Inclusion through Digital Financial Literacy: A Synthesis of FinEquity Members’ Insights | FinEQUITY BRIEF
- (28.06.21) PayMaya owner Voyager Innovation raises $167M from KKR, Tencent and IFC, to launch digital bank in the Philippines | Tech Crunch
- (30.06.21) APAC shows explosive growth in demand for fintech apps | Tech Wire Asia
- (01.07.21) India’s central bank says growing presence of Big Tech in financial services a concern | TechCrunch
- (01.07.21) Crypto Bank Plucks Legal Chief From Fintech | Finews
- (02.07.21) TeamApt will use its new funding round to provide digital bank services for the unbanked | TechCrunch
- (02.07.21) The pandemic-spurred growth of food tech | Private Equity Wire
- (02.07.21) Fintech Funding Trends During the Pandemic | International Banker
- (02.07.21) Open Banking Excellence on Financial Inclusion: Fintech and Open Banking to the Rescue | The Fintech Times
- (02.07.21) How is Artificial Intelligence Used in Fintech? | The Fintech Times
Misc Gender
- (28.06.21) Gender equality must be central to Covid-19 recovery plans | Hindustan Times
- (30.06.21) The Business Case for Gender Equity in Investing and the Workplace | Business Insider
- (01.07.21) Gender Equity: The ‘upskilling’ revolution will fail if women are left behind | Fortune
- (03.07.21) Over $40 Billion Pledged To Advance Gender Equality During The Generation Equality Forum | Forbes
Misc Sustainability
- (28.06.21) Project Finance Brief: Risen Energy Secures Debt Facility for 103 MW Solar Project | Mercom India
- (28.06.21) In the West’s infrastructure battle with China, the G7’s empty promises show politics trumps reality | South China Morning Post
- (28.06.21) Time to blur the boundaries of ESG and impact investing | Investment Week
- (28.06.21) Sustainable Investing: Making Sense of the Trend That’s Here to Stay | Nasdaq
- (29.06.21) Emerging Markets Are Missing Out On The ESG Boom | Markets Insider
- (30.06.21) The long game of sustainable investing, Banking & Finance | The Business Times
- (30.06.21) Investment firms are shifting their businesses as interest in ESG rises | The Globe and Mail
- (30.06.21) Impact Investing: Proven Financial Instruments And Strategies Beyond ESG | Forbes
- (02.07.21) No future without sustainable investment | Emerging Europe
- (02.07.21) FundCast: Greenwashing cannot be avoided in sustainable investing | Investment Week
Subscription Required
- (27.06.21) The New Math of Socially Responsible Investing | Wall Street Journal
- (28.06.21) ADB doles out $160.5m loan to Vietnam’s Dau Tieng Tay Ninh Energy | Deal Street Asia
- (29.06.21) World Bank Warns South Asia Risks ‘Hidden Debt’ Financial Crises | Bloomberg
- (29.06.21) JPMorgan Agrees to Purchase Values-Investing Fintech OpenInvest | Bloomberg
- (02.07.21) How to beat the private equity buyers | Financial Times
- (02.07.21) ‘Economic Case for Nature’: World Bank warns global economy is facing $2.7tr hit from nature degradation | Business Green
Upcoming Webinar
- June 29 — July 2, 2021: Applications of Smart Technologies — Republic of Korea-ADB Urban Development Forum | Asian Development Bank
- July 2, 2021: Building back better: African Development Bank to launch Strategy for Economic Governance in Africa | African Development Bank
- July 8, 2021: Webinar on climate change adaptation amid Covid-19 | African Development Bank
If you have suggestions for articles that should be featured in future lists, please drop me a note and follow me on LinkedIn.
