Azerbaijan’s state oil company, known as Socar, is in the final stages of negotiations for a $3.5 billion loan to help build a refinery in Turkey, said Kenan Yavuz, chief executive for the company’s Turkish unit.
The International Finance Corporation will help finance a commercial complex in Dar es Salaam, its first deal to help finance Chinese investment in Africa, the Financial Times reported today on its Web site.
The International Finance Corporation, the World Bank’s private-sector lending arm, will lend 70 million euros ($87.7 million) to the Serbian unit of Societe Generale SA to finance agricultural development.
The International Finance Corporation, the World Bank’s investment arm, approved a 22.5 million-euro ($30 million) loan to the Romanian unit of Turkiye Garanti Bankasi AS to finance small- and medium-sized business managed by women, the IFC said in a statement today.
The International Finance Corporation (IFC), the World Bank’s private sector lending arm, will lend 45 million euros ($56.3 million) to MK Group d.o.o., a Serbian foodmaker, to modernize and expand production.