News and Intelligence for the Development Finance Industry
International Finance Corporation (IFC), a member of the World Bank Group, is considering an equity investment of up to $25 million and a discretionary co-investment envelope of up to $20 million for a Latin America-focused private equity fund managed by ACON Investments, according to project disclosures seen by DevFiNews. The proposed investment will support ACON … Read more
The Asian Development Bank (ADB) said it signed a $40 million loan with Arkas Holding to support maritime logistics and port infrastructure upgrades in Türkiye, marking ADB’s first private-sector infrastructure transaction in the country since beginning operations there in October 2025. The financing will support Arkas Group’s capital expenditure program over the next eight years, … Read more
The International Finance Corporation (IFC) is considering an unfunded risk participation of up to 50 million euros ($56 million) in a 150-million-euro trade finance facility arranged by Societe Generale for French cocoa trader Touton S.A., according to project disclosures seen by DevFiNews. The proposed facility will support the procurement and export of traceable cocoa beans … Read more
Global Infrastructure Partners, ADNOC, Temasek and investment firm L’IMAD are launching a new infrastructure investment partnership targeting up to $30 billion of investments across the Gulf Cooperation Council, Central Asia, and selected Middle East and North Africa markets. The partnership will focus on sectors including energy, transportation, logistics, digital infrastructure, water, and waste management, according … Read more
DEG, the private-sector investment arm of German development bank KfW, has provided a $45 million senior loan to Türkiye’s Yapi Kredi Leasing to support green and blue economy financing for small and medium-sized enterprises. The five-year facility, which includes a one-year grace period, will be used to finance climate-smart SME projects across Türkiye, according to … Read more
DEG, the investment arm of German state-owned development bank KfW, is proposing a $40 million financing package for Salvadoran sugar producer Compañía Azucarera Salvadoreña S.A. de C.V., according to project documents seen by DevFiNews. The proposed investment will fund efficiency upgrades and refinance short-term debt, as development lenders continue to back sustainable agribusiness projects in … Read more
Singapore state investor Temasek has partnered with Pinegrove Credit Partners to expand venture debt financing for technology and life sciences companies, as private credit gains ground as an alternative funding source for startups facing tighter equity markets. The partnership will focus on providing flexible, minimally dilutive financing to growth-stage companies across sectors including artificial intelligence … Read more
Canada-based Starlight Investments has secured backing from the UK government’s National Housing Bank for its second build-to-rent fund, in one of the first transactions by the newly established vehicle as England seeks to draw more private capital into housing. The National Housing Bank, which operates within Homes England, has joined Starlight UK Build-to-Rent Fund II … Read more
Turkven’s Türkiye-focused private equity fund TPEF V is targeting $400 million in commitments, as the firm looks to back mid-market companies exposed to digital growth and hard-currency revenues. Dutch development bank FMO is considering a commitment to the fund at first close, according to disclosure documents. The size of FMO’s proposed investment was not disclosed. … Read more
Dutch development bank FMO is considering a four-year loan of up to $75 million to Azerbaijan’s AccessBank to support lending to micro, small and medium-sized enterprises, including women, youth and agriculture borrowers, according to documents seen by DevFiNews. The proposed multi-currency facility will comprise a committed tranche of $40 million and an uncommitted tranche of … Read more