Kolibri Global Energy subsidiary BNK Petroleum's borrowing base on its revolving line of credit from BOK Financial has increased from $40 million to $50 million. The current outstanding amount drawn is $32 million. More

Lucapa Diamonds plans to divest of its 70% interest in the Mothae mine, in Lesotho.Mothae is an opencast mine, located in the diamond-rich Maluti mountains, which started commercial operations in 2019. It is known to produce large, high-value diamonds which command the... More

Coface has unveiled two changes in its Mediterranean and Africa region management with the appointments of Ernesto de Martinis as Managing Director for the region and Pietro Vargiu as Country Manager in Italy. These changes will be effective from 1 July.De Martinis is based in Milan and will report... More

EXIM India is planning to borrow around $3 billion-$3.5 billion in foreign currency in the fiscal year 2024-25. Despite geopolitical concerns, the bank is optimistic about achieving a credit growth of more than 10-12% in the ongoing fiscal year. The bank's research wing predicts a 12.4% growth... More

EIB and Aena have signed a €160 million ($173 million) loan to finance upgrades to the passenger terminal at Palma de Mallorca International Airport. Upgrades will include optimised commercial and passenger management areas, improvements to terminal facilities such as electricity, air... More

Euler Hermes is considering support for the expansion of the Balabanli 61.4MW wind farm in Turkey. The upgrades will increase the existing project from 25 to 31 ind wind turbines  to a total capacity of 87MW.Located around 17km north of the city of Tekirdag, the Turkish sponsor of the scheme... More

India signed a ten-year contract with Iran to develop and operate the Iranian port of Chabahar.The long-term deal was signed between Indian Ports Global Limited (IPGL) and the Port & Maritime Organisation of Iran. IPGL will invest - with support from EXIM India - about $120 million while there... More

RWE has completed FEED studies for a 200MW green hydrogen project at Grangemouth in the UK that will contribute to Scotland's decarbonisation goals.A grid connection has been secured and the company is shortlisting electrolyser suppliers.The next steps will be progressing towards a planning... More

After almost seven years in project finance at Standard Chartered in Dubai, Pieter-Jan De Schepper has moved to SMBC as head of structured finance for the Middle East. Prior to joining Standard Chartered in 2017, De Schepper spent a further seven years at HSBC in Dubai and Singapore in project... More