The FINANCIAL– The European Bank for Reconstruction and Development (EBRD) and its partners are promoting Kazakhstan’s further transition from coal-fired power plants to renewable-energy power generation by supporting the construction of a 100 MW wind farm near the town of Zhanatas in the south of the country. The EBRD’s financing of up to US$ 24.8 million (in KZT equivalent) is the latest transaction under the Bank’s Kazakhstan Renewables Framework II. It will be complemented by a US$ 34.3 million loan from the Asian Infrastructure Investment Bank (AIIB), US$ 13.3 million loan from the Industrial and Commercial Bank of China and a concessional loan of up…
Read More »
The FINANCIAL– The European Bank for Reconstruction and Development (EBRD) and its partners are promoting Kazakhstan’s further transition from coal-fired power plants to renewable-energy power generation by supporting the construction of a 100 MW wind farm near the town of Zhanatas in the south of the country. The EBRD’s financing of up to US$ 24.8 million (in…
You might be interested in
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Presidential Agency for International Cooperation…
Czech Republic, Romania and Croatia has the highest consumption of beer per capita in Eastern Europe
Friday 5th of August is International Beer Day. Did you know that Czech Republic, Romania and Croatia has the highest…
WASHINGTON, D.C. — When Americans are asked to name the most important problem facing the U.S., 8% of the resulting…
by Anam Rizvi — In March, Maira Omer had a summer holiday itinerary for what she described as “half of…

The FINANCIAL — NIB has signed a 16-years loan agreement with Pomerania Wind Farm sp. z o.o. for an onshore wind farm in Pomeranian Voivodeship, about 50 kilometres south of the Bay of Gdansk, Poland. The PLN 150 million (EUR 33.05 million) loan will co-finance the design, construction and operation of the wind farm, which…
You might be interested in
The FINANCIAL — Globally-significant events have driven recent financial market volatility and contributed to the emergence of a risk-off environment, according…
Commodity and risk currencies rallied overnight on reports the US may soon rollback tariffs on Chinese consumer goods. Asian stock…
The FINANCIAL — Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in…
Are you considering the amount of earnings and savings in relation to the future? Do you already own a savings account…