Tag «Loan Agreement»

Three leading development finance institutions sign loan agreement to support capital markets and high impact sectors in Africa

US Overseas Private Investment Corporation (OPIC), the African Development Bank, and KfW support to African Local Currency Bond (ALCB) Fund to focus on housing, microlending, and agriculture projects Frankfurt, Germany, April 13, 2018 – Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members have signed a loan agreement to support high …

France signs landmark US $ 253 million loan agreement to boost African Development Fund

Abidjan, Côte d’Ivoire, December 26, 2017 –− The African Development Fund (ADF) has signed a significant concessional donor loan agreement with the Government of France to the tune of $ 253 million as support for the 14th replenishment of the Fund. Established in 1972, the ADF represents an enduring development partnership between African countries and …

REC signs Loan Agreement with DVC

Rural Electrification Corporation (REC), a Public Sector Enterprise under Ministry of Power and Damodar Valley Corporation (DVC), a thermal and hydro power generating public organization of India has signed a loan agreement for funding of the first 2X660 MW Supercritical Thermal Power Unit at Raghunathpur in West Bengal’s Purulia district.. The agreement was signed on …