Media

The G7 Development Finance Institutions today announced the establishment of the G7 Infrastructure Investment Council, a key initiative to scale infrastructure investments for economic prosperity in emerging markets and developing economies. The announcement took place ahead of the G7 Development Ministerial during the Annual Meetings of the International Monetary Fund and the World Bank Group.

FinDev Canada and British International Investment (BII) today announced the signing of a Memorandum of Understanding (MOU) to enhance cooperation between their respective concessional finance facilities. The agreement underscores the two institutions’ shared commitment to mobilise greater private sector investment in emerging markets and developing economies.

Canada’s bilateral Development Finance Institution, FinDev Canada, the Dutch Entrepreneurial Development Bank, FMO, Japan International Cooperation Agency, JICA, and a subsidiary of Agence Française de Développement, Proparco, announce the signing of a USD 370 million syndicated loan facility to Sudameris Bank S.A.E.C.A. (or “Sudameris Bank”), the second-largest commercial bank in Paraguay.

Canada’s bilateral Development Finance Institution, FinDev Canada, joins International Finance Corporation, IFC, and Japan International Cooperation Agency, JICA, to announce the signing of a USD 150 million IFC-led syndicated loan facility to Banco del Pais S.A.

Canada’s bilateral Development Finance Institution, FinDev Canada, International Finance Corporation, IFC, and Japan’s International Cooperation Agency, JICA, announce the signing of a USD 415 million investment to Banco Industrial S.A.