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The bank tightened a little more than a UAE peer did on Tuesday
The euro tranche is a refi of a bond maturing later in September
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
Data
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The attempt by France to broaden the European Union’s proposed Taxonomy of Sustainable Economic Activities away from the “green niche” has made a good start. Financial officials from all the EU governments discussed the idea on Tuesday, with many member states being “very supportive”, according to sources close to the situation. -
Ukraine’s president-elect Volodymyr Zelensky appears to have planted his flag firmly in favour of European integration but there are warnings that Russia will step into the gap if the bloc does not reciprocate
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Senior Bosnia and Herzegovina officials vented frustration at the stalled process of EU accession talks yesterday (Wednesday), warning that Europe’s foot-dragging was stymying growth and investment and threatened to undermine belief in the process.
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Five years after the EBRD decided to stop funding new projects in Russia, the country has started to hint it might walk away from the multinational bank and find other funding sources unless it opens negotiations
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Climate change may be climbing to the top of the EU and EBRD’s agenda, but the outlook remains clouded in CEE, where green bond issuances remain intermittent. However, countries in emerging Europe are being encouraged to respond to their obligations by using green financial instruments
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GlobalMarketscan reveal that the European Investment Bank is preparing to launch a new entity — potentially called the European Bank for Sustainable Development — that will focus on sustainable projects outside the EU.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
