U.S. International Development Finance Corporation

U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million

Retrieved on: 
Wednesday, November 8, 2023
Maritime, Transport, Other Construction & Property, Logistics, Supply Chain Management, Commercial Building & Real Estate, Construction & Property, Adani Group, DFC, Small business, SEZ, U.S. International Development Finance Corporation, Government, Port of Colombo, Adani Ports & SEZ, Port, Multimedia, John Keells Holdings, JKH, Shri, Special economic zone, Private sector, Sri Lanka Ports Authority, Bay, CWIT, USD, Commerce, Investment, Agriculture, Renewable energy

U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.

Key Points: 
  • U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.
  • Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority – to the tune of USD 553 million.
  • View the full release here: https://www.businesswire.com/news/home/20231107733135/en/
    U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million (Photo: Business Wire)
    DFC, the U.S. government’s development finance institution, partners with the private sector to finance solutions to the most critical challenges facing the developing world.
  • “Sri Lanka is one of the world’s key transit hubs, with half of all container ships transiting through its waters.

NANO Nuclear Energy Becomes an Official Member of the United States Nuclear Industry Council (USNIC) and Sponsors the Upcoming New Nuclear Capital Summit to be held on Nov. 7, 2023 in NYC with Founder Jay Yu & CEO James Walker as Panelists

Retrieved on: 
Monday, October 23, 2023
Council, Nuclear Energy Institute, International, Chatham House, Battelle, Supply chain, Environmental resource management, History, State, Private, Organization, Nuclear energy, Summit, American Nuclear Society, Private finance initiative, U.S. International Development Finance Corporation, Power, Idaho National Laboratory, Emerging technologies, Wall, Renewable energy

"We look forward to working alongside fellow members of the Council to contribute to the growing commercial advanced nuclear energy marketplace.

Key Points: 
  • "We look forward to working alongside fellow members of the Council to contribute to the growing commercial advanced nuclear energy marketplace.
  • Figure 4 - NANO Nuclear Energy to Sponsor USNIC's New Nuclear Capital 2023 Special Summit on November 7th, 2023 in New York City.
  • “We are honored to join the esteemed ranks of the United States Nuclear Industry Council, where we stand alongside industry-leaders," said James Walker, Chief Executive Officer of NANO Nuclear Energy. "
  • Moreover, the New Nuclear Capital 2023 Summit provides an optimal platform for strategically positioning NANO Nuclear for future industry advancements."

EQS-News: EnergyNet Ltd.: First Africa Energy Forum in Mainland Africa: Clear Commitment to Bringing Sustainable Energy Solutions to the African Continent

Retrieved on: 
Tuesday, October 3, 2023
Private sector, RMI (energy organization), Partnership, Meta, Energy, Marketing, Government, Organization, Cabinet, School, Student, African Development Bank, Acquisition, Meridiam, AEF, ENGIE, U.S. International Development Finance Corporation, Mining, Climate, Autotroph, Ministry of Energy (Petroleum Division), USAID, News, Administrator of the United States Agency for International Development, YES, Chair, Security (finance), Video game, Renewable energy, Management, Cryptocurrency, African, Central Africa

EnergyNet Ltd.: First Africa Energy Forum in Mainland Africa: Clear Commitment to Bringing Sustainable Energy Solutions to the African Continent

Key Points: 
  • EnergyNet Ltd.: First Africa Energy Forum in Mainland Africa: Clear Commitment to Bringing Sustainable Energy Solutions to the African Continent
    The issuer is solely responsible for the content of this announcement.
  • First Africa Energy Forum in Mainland Africa: Clear Commitment to Bringing Sustainable Energy Solutions to the African Continent
    This exclusive conference showcased Africa’s energy potential, promoting business development and investment opportunities
    Session topics highlighted the journey toward sustainable energy solutions in Africa.
  • "As aef sponsors, we're proud to have been part of an event that sparks dialogue, ignites innovation, and propels sustainable energy solutions.
  • “Kenya’s recent historic feat in hosting the first Africa Energy Forum in the continent fills us with immense pride.

East African Magical Farms (EMF), with support from AgDevCo, to expand carnation production hub in Kenya.

Retrieved on: 
Tuesday, September 26, 2023
Royal FloraHolland, Travel, Farmer, Royal, Development, Foreign, Commonwealth and Development Office, Flower, USD, U.S. International Development Finance Corporation, AgDevCo, Growth, Employment, Carbon, BII, Farm, EMF, Partnership, Food, DFC, Commonwealth, Floral industry, Naivasha, Far East

The partnership with AgDevCo expands on EMF's expertise as one of East Africa's leading premium carnation producers.

Key Points: 
  • The partnership with AgDevCo expands on EMF's expertise as one of East Africa's leading premium carnation producers.
  • EMF currently produces on 60 hectares for export to Europe, the Middle East and the Far East.
  • With the planned expansion in Kenya, EMF will substantially increase its production and assortment by opening at least two new production locations, creating at least 400 new jobs.
  • This financing will allow us to significantly expand our production and portfolio in Kenya – where we started producing at Kinangop Farm in 2022 – while maintaining our reputation for top quality carnations."

Ivanhoe Mines Announces MOU to Commence Exports of Concentrate from Kamoa-Kakula Copper Complex via Lobito Atlantic Rail Corridor

Retrieved on: 
Wednesday, August 16, 2023
Ivanhoe Mines, LAI, Mota-Engil, Kipushi, Transport, U.S. International Development Finance Corporation, CITIC, Consortium, RTNC, TSX, Safety, Pressure, Robert L. Sumwalt (U.S. government official), Carbon, Climate change, MOU, Tehsil Municipal Administration, Multilateralism, Metal, GHG, Movement, Republic, DFC, Democratic republic, Economic development, Excellency, Copper, Copperbelt, Rail freight transport, Rail transport, Rare-earth element, Mining, Typesetting, Trafigura, DRC, Atlantic Ocean

The rail line linking the DRC Copperbelt to the port of Lobito, Angola is known as the "Lobito Atlantic Railway Corridor" or "Lobito Corridor".

Key Points: 
  • The rail line linking the DRC Copperbelt to the port of Lobito, Angola is known as the "Lobito Atlantic Railway Corridor" or "Lobito Corridor".
  • There is also potential for additional investment in the future as the opportunity is explored to further extend the Lobito Corridor into Zambia.
  • Up to 10,000 tonnes of copper concentrate from Kamoa-Kakula to be exported from the port in Q4 2023.
  • The MOU is the first commercial agreement under the new concession for exporting metals from the DRC using the Lobito Atlantic Rail Corridor.

Bank of America Refinances Gabon Sovereign Debt for Nature and Ocean Conservation

Retrieved on: 
Tuesday, August 15, 2023
Bank of America, Small business, SDG, United Nations, International, The Nature Conservancy, Digital, Boreal ecosystem, Sustainable Development Goal 14, Marine conservation, Risk management, Hope, Climate change, BAC, Multimedia, The Conservation Fund, Science, Sustainable Development Goals, Bank, Biodiversity loss, Development, Sustainable development, U.S. International Development Finance Corporation, DFC, ATM, United, Bank of America Corporate Center, UN, UNIS-UN Conference, Growth, Developed country, TNC, Conference, NYSE, Bookrunner, Security (finance), Renewable energy, Financial services, Cryptocurrency, Geography of Africa

LONDON, Aug. 15, 2023 /PRNewswire/ -- Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon").

Key Points: 
  • LONDON, Aug. 15, 2023 /PRNewswire/ -- Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon").
  • Similarly, a Blue Loan is a loan where the proceeds are dedicated to finance or refinance activities that contribute to ocean protection.
  • Bank of America acted as Sole Initial Purchaser, Structuring Agent and Bookrunner on the $500 million issuance, marking the start of what will be a 15-year-long conservation and refinancing project for Gabon.
  • For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts .

Bank of America Refinances Gabon Sovereign Debt for Nature and Ocean Conservation

Retrieved on: 
Tuesday, August 15, 2023
Bank of America, Small business, SDG, United Nations, International, The Nature Conservancy, Digital, Boreal ecosystem, Sustainable Development Goal 14, Marine conservation, Risk management, Hope, Climate change, BAC, The Conservation Fund, Science, Sustainable Development Goals, Bank, Biodiversity loss, Development, Sustainable development, U.S. International Development Finance Corporation, DFC, ATM, United, Nidec-Shimpo America Corporation, UN, UNIS-UN Conference, Growth, Developed country, TNC, Conference, NYSE, Bookrunner, Security (finance), Renewable energy, Financial services, Cryptocurrency, Geography of Africa

LONDON, Aug. 15, 2023 /PRNewswire/ -- Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon").

Key Points: 
  • LONDON, Aug. 15, 2023 /PRNewswire/ -- Bank of America announces the completion of the first ever debt-for-nature transaction in Continental Africa to refinance $500 million of sovereign debt of the Gabonese Republic ("Gabon").
  • Similarly, a Blue Loan is a loan where the proceeds are dedicated to finance or refinance activities that contribute to ocean protection.
  • Bank of America acted as Sole Initial Purchaser, Structuring Agent and Bookrunner on the $500 million issuance, marking the start of what will be a 15-year-long conservation and refinancing project for Gabon.
  • For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts .

I Squared Capital to Build Up to 1 Gigawatt of Solar Plants in Malaysia

Retrieved on: 
Thursday, July 27, 2023
Other Energy, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Climate Change, IPEF, RE, Partnership, EPCC, Khazanah Nasional, Indo-Pacific Economic Framework, UEM, U.S. International Development Finance Corporation, I Squared Capital, DFC, Climate change, Ministry of Local Government Development (Malaysia), Economic development, Capital, Climate, HEXA, BESS, Renewable energy

I Squared Capital, a leading global infrastructure investment manager, announced today that its portfolio company, HEXA Renewables, has signed a memorandum of understanding to develop up to 1 gigawatt of hybrid solar photovoltaic projects in the southern tip of Peninsular Malaysia.

Key Points: 
  • I Squared Capital, a leading global infrastructure investment manager, announced today that its portfolio company, HEXA Renewables, has signed a memorandum of understanding to develop up to 1 gigawatt of hybrid solar photovoltaic projects in the southern tip of Peninsular Malaysia.
  • “I Squared Capital and our wholly owned renewable energy platform, HEXA Renewables Malaysia, are proud to participate in this landmark project,” said Gautam Bhandari, Chief Investment Officer and Managing Partner of I Squared Capital.
  • The project will advance I Squared Capital and the DFC’s shared ambition to support inclusive economic development through climate change mitigation.
  • “I Squared Capital welcomes this agreement between HEXA and UEM-ITRAMAS to develop a large-scale, state-of-the-art solar project to support local demand for clean power,” said Harsh Agrawal, Senior Partner of I Squared Capital.

Privia Health Announces Expansion of and Changes to Board of Directors

Retrieved on: 
Thursday, June 29, 2023
United States Department of Health and Human Services, CMS, University, U.S. government and smoking cessation, HHS, Centers for Medicare & Medicaid Services, Böhler, Senior advisor, U.S. International Development Finance Corporation, Innovation, CMMI, Shareholder, Australian Transformation and Innovation Centre, Sale, Medicare, Shareholders' agreement, Innovation Center station, Wharton School of the University of Pennsylvania, Patient, Physician, Skolkovo Innovation Center, Knowledge, Principal, Rubicon, Widener University Commonwealth Law School, Shawn, Management, Health, Privia

ARLINGTON, Va,, June 29, 2023 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced that Adam Boehler, founder and Managing Partner of Rubicon Founders, will join the Company’s Board of Directors effective July 1, 2023.

Key Points: 
  • ARLINGTON, Va,, June 29, 2023 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced that Adam Boehler, founder and Managing Partner of Rubicon Founders, will join the Company’s Board of Directors effective July 1, 2023.
  • Current CEO Shawn Morris, who is retiring, will remain on the Board.
  • In connection with these elections, the size of the Board was increased to ten directors.
  • “Finally, we thank Will Sherrill for his important contributions to Privia Health during his time as a board member.”
    “I am pleased to join the Privia Board,” said Parth Mehrotra, Privia's incoming CEO.

Health Finance Coalition Announces First Close of AfricInvest Managed Transform Health Fund

Retrieved on: 
Wednesday, June 7, 2023
MSD, Investment, United States–Africa Leaders Summit, U.S. International Development Finance Corporation, Patient, Global Affairs Canada, THF, Chemonics, Health equity, Malaria, HFC, Universal health care, Asia-Pacific Economic Cooperation, Sustainable development, International Finance Corporation, Private sector, COVID-19, International development, Agribusiness, Climate change, Grand Challenges Canada, Sustainable Development Goals, Merck & Co., Fund, USAID, DFC, Philips, Developed country, Health, Health care, Pharmaceutical industry, Renewable energy

Washington, DC, June 07, 2023 (GLOBE NEWSWIRE) -- The Health Finance Coalition today announced the close of the first $50 million for the pan-African Transform Health Fund (THF) managed by AfricInvest.

Key Points: 
  • Washington, DC, June 07, 2023 (GLOBE NEWSWIRE) -- The Health Finance Coalition today announced the close of the first $50 million for the pan-African Transform Health Fund (THF) managed by AfricInvest.
  • THF is an innovative blended-finance fund that will invest in locally-led health supply chains, care delivery, and digital solutions in Africa.
  • Under the management of AfricInvest, a leading pan-African investment platform active across private equity, venture capital and private debt, along with the Health Finance Coalition, a group of leading global health funders hosted by Malaria No More, the THF will finance enterprises that improve health system resilience and preparedness across the continent.
  • "Chemonics is proud to support the Transform Health Fund, which bring much needed additional capital to address critical health challenges in Africa."