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Standard and Poor's revises project finance rating criteria

Standard and Poor's, the credit ratings agency, has updated the criteria it uses to rate different types of project finance. 23 Sep 2014

UK's Green Investment Bank to raise £1bn fund to invest in offshore wind projects

The UK's Green Investment Bank (GIB) plans to set up an investment fund worth £1 billion, which would be used to acquire stakes in offshore wind projects in order to encourage private sector firms to invest, it has announced. 27 Jun 2014

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‘Initial focus’ on Africa for new development finance initiative

The World Economic Forum (WEF) and the Organisation for Economic Co-operation and Development (OECD) have launched an initiative to help developing countries speed-up economic growth through private sector financing, “with an initial focus on Africa”. 21 May 2014

China-backed African projects will be open to non-Chinese contractors as Beijing launches new investment fund

China and the African Development Bank (AfDB) will this week unveil a $2 billion investment vehicle to fund projects which will be open to tender from non-Chinese organisations, according to the Financial Times. 21 May 2014

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