ADB approved facilities for electricity in India and walkways in Manila, while EIB provided credit lines for Egyptian SMEs and launched an AI facility.

The entities involved

• Asian Development Bank →

  regional development bank

  • The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.Mon 15:15
  • The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.Mon 12:12
• European Investment Bank →

  body of the European Union providing funding for projects fostering EU aims, both within and outside the EU

  • The European Investment Bank (EIB) is seeking investment opportunities in Azerbaijan and focusing on the South Caucasus region.Mon 09:06
  • Egypt and the European Investment Bank are deepening their strategic partnership to fund clean energy grid upgrades.Mon 02:16
• European Investment Fund →

  agency of the European Union

  • The European Investment Bank (EIB) and European Investment Fund (EIF) are providing significant financing for technological leadership, infrastructure, and reconstruction projects across Europe, including Ukraine. EIB and EIF are now backing financing for women-led businesses.Thu 18:25
  • The European Investment Bank and European Investment Fund approved joint financing packages and a new framework to support EU simplification and Paris Agreement goals.Thu 18:25

Related events

• ADB supports India's infrastructure financing needs.Sep 4
• ADB approved $1.5 billion to assist the Philippines amid economic strain caused by the Middle East conflict.Thu 13:17
• Cabinet approved an ADB-supported loan program on September 1st.Sep 9
• ADB monitors market conditions despite the ongoing policy rate hikes implemented by the Bangko Sentral ng Pilipinas.Wed 09:06
• ADB provides loans for infrastructure projects in Papua New Guinea, co-financed by the Australian government.Sep 11