1 min read
EnergyEvent / data period:
ADB approved $200 million to upgrade power distribution near Dhaka
The project will add transformer capacity and distribution lines across 13 electric cooperatives.
Source: Asian Development Bank
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Global business and economy news — Page 117
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EconomyEvent / data period:
EIB simplifies climate-risk rules and approves €11.5 billion in new financing
PATH 2 aims to cut reporting burdens; €3.4 billion of the package is for energy autonomy.
Source: European Investment Bank
1 min read
FinanceEvent / data period:
Siemens Energy sets third share-buyback tranche at up to €2 billion
The third tranche of Siemens Energy’s €6 billion buyback programme can acquire shares worth up to €2 billion, capped at 50 million shares. It is due to start on September 24 and run no later than March 31, 2027.
Source: Siemens Energy
1 min read
EconomyEvent / data period:
AfDB estimates Central Africa’s 2030 development-financing gap at $35.6bn a year
The Bank’s regional outlook projects growth of 3.8% in 2026 and 4.1% in 2027 across Central Africa.
Source: African Development Bank Group
1 min read
FinanceEvent / data period:
AfDB approves $34m final-phase resilience loan for Seychelles
The loan backs the third phase of a reform programme covering public finance, business conditions and climate resilience.
Source: African Development Bank Group
1 min read
EnergyEvent / data period:
AfDB signs about $240m in Tunisian water and chemical-sector financing
The agreements combine a €111.5m SONEDE loan with a $110m loan for the state-owned Tunisian Chemical Group.
Source: African Development Bank Group
1 min read
EconomyEvent / data period:
Commission and EIB launch pact to attract institutional capital to EU scale-ups
Thirteen investors expressed interest in the voluntary framework; this is not committed investment.
Source: European Investment Bank and European Commission
1 min read
AgricultureEvent / data period:
African Development Fund approves $9.82m Eritrea water and sanitation grant
The project plans 21 rural water systems, upgrades to 38 existing systems and WASH improvements at 22 public facilities.
Source: African Development Bank Group
1 min read
EconomyEvent / data period:
EIB and Crédit Agricole CIB announce €600 million guarantee portfolio for EU grids
The guarantees are expected to mobilise up to €2.4 billion in real-economy investment.
Source: European Investment Bank
1 min read
EconomyEvent / data period:
EIB and Erste announce €22 million for Serbian businesses
The package combines a €20 million EIB loan and a €2 million EU grant.
Source: European Investment Bank
1 min read
BusinessEvent / data period:
newcleo closes Nasdaq business combination with $247 million in proceeds
The transaction with NewHold provides newcleo with about $247 million in gross proceeds and begins Nasdaq trading under NWCL on September 22. The company says the capital will support its reactor and nuclear-fuel plans in the United States and Europe.
Source: newcleo
1 min read
EnergyEvent / data period:
RWE signs 433 MW virtual power deal with Oracle for Texas wind
A virtual power purchase agreement links Oracle with 433 MW from RWE’s existing Panther Creek I, II and III wind farms. The power will support the Texas grid and Oracle data-centre operations; it is not new generation capacity.
Source: RWE
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