Kfw Bankengruppe

Turkish Mediterra Says Close to Raising 150 Million Euros

Mediterra Capital Management Ltd., a buyout firm based in Istanbul, expects to raise a total of 150 million euros ($195 million) in January for its debut fund focused on small Turkish companies.

KfW Moves Staff Away From Carbon Finance Unit as Demand Declines

KfW Bankengruppe, the German government-owned development bank, has redeployed staff away from its unit that purchases greenhouse gas credits, after demand dropped.

DEG of Germany Invests $10 Million in Ethiopian Growth Fund

German development company Deutsche Investitions und Entwicklungsgesellschaft mbH said it will invest $10 million in Schulze Global Ethiopia Growth and Transformation Fund I, a private-equity fund focused solely on the Horn of Africa nation.

Companies Cut Carbon Price Outlook ‘Drastically,’ Survey Shows

Companies in the European Union’s emissions market lowered their expectations for carbon prices “drastically,” according to a survey by Germany’s KfW Bankengruppe and ZEW Center for European Economic Research.

CEL Plans El Salvador's First Wind, Solar Power Plants

Comision Ejecutiva Hidroelectrica del Rio Lempa, El Salvador’s state-owned utility, is planning the nation’s first utility-scale solar and wind projects to diversify its energy mix.

UniCredit Serbia Gets EU11 Million From KfW for Regional Lending

KfW Entwicklungsbank, part of KfW Bankengruppe, approved a credit line of 11 million euros ($15 million) for UniCredit SpA’s unit in Serbia for lending to municipalities in the Balkan country that need infrastructure financing.

Rift Valley Railways to Agree $164 Million Loan to Raise Capacity 4-Fold

Rift Valley Railways Ltd., operator of the Kenya-Uganda railway, will sign a loan accord to finance an upgrade that may boost capacity by almost four-fold, according to its biggest shareholder, Citadel Capital SAE.

German DEG May Invest EU800 Million in SE Europe, Tanjug Says

Deutsche Investitions und Entwicklungsgesellschaft mbH, a member of KfW Bankengruppe, may invest 800 million euros ($1.06 billion) in agriculture and the food industry in Serbia and other countries in southeastern Europe, Tanjug newswire reported, citing a company director.

NordLB Arranges Loans for Energiekontor Wind Project in England

Norddeutsche Landesbank Girozentrale, the German bank that’s financed renewable-energy projects for more than 15 years, arranged 39.6 million pounds ($64.9 million) in loans for a wind farm in northern England.

Mozambique Seeks $100 Million Funding for Environment Protection Project

Mozambique is seeking $100 million to start a biodiversity fund over the next 10 years, deputy Environmental Affairs Minister Ana Paula Chichava said.

Germany

African Development Bank

Serbia

SAC Says Cooperation With U.S. No Longer ‘Unconditional’

U.S. Stocks, Dollar Rise as Data Fuel Economic Confidence

U.S. Stocks Advance on Leading Indicators, Sentiment Data

Republicans Unsatisfied by IRS Answers Press for More

American Capital Fights Fed Exit Worry as Investors Flee