17 Dec
News, TRIA News

DFC | DFC CEO Ben Black Signs Loan Agreement for Lobito Atlantic Railway, Securing Critical Minerals for Mutual U.S.–Africa Benefit

Washington, D.C.– The U.S. International Development Finance Corporation (DFC) held a greatly anticipated signing ceremony highlighting the financial close for the Lobito Atlantic Railway (LAR). This important milestone underscores the United States’ commitment to advance strategic infrastructure that promotes regional trade, mutual economic growth, and long-term U.S.-Africa cooperation. CEO Ben Black was accompanied by Assistant Secretary of State for Economic, Energy, and Business Affairs Caleb Orr, Angola’s Minister of Transportation Ricardo D’Abreu, Development Bank of South Africa (DBSA) Group...

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17 Dec
News, TRIA News

DFC | DFC Strengthens Strategic Partnerships with the Democratic Republic of the Congo and Rwanda to Bolster Supply Chain Security and Economic Growth

Washington, D.C. – The U.S. International Development Finance Corporation (DFC) today announced two Letters of Interest (LOIs) which will deepen strategic U.S. partnerships with the Democratic Republic of the Congo (DRC) and Rwanda to advance economic growth, strengthen supply chain resilience, and bolster mutual security and prosperity. The first LOI is focused on a proposed DFC equity investment in a joint venture between Gécamines SA, the DRC’s state-owned mining enterprise, and Mercuria Energy Trading, a leading global commodities group. The partnership...

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17 Dec
Member News, News, TRIA News

EIB | EIB Global and EU, Under the Global Gateway Initiative, Support Wind Farm Expansion in Cabo Verde

€39 million EIB loan under the Global Gateway Initiative for the expansion of a landmark renewable energy project The new wind turbines and battery system inaugurated today are part of the wind farm expansion, which is expected to generate 30% of the country’s electricity The investment will reduce the country’s dependence on imported fossil fuels and strengthen energy security Today, new wind turbines and a battery system were inaugurated in Cabo Verde, thanks to additional financing of more than...

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03 Dec
Chapter News, News, TRIA News

IMF | Inside the AI-Led Resource Race: Material Demands – for Energy, Chips, and Minerals – Will Determine Who Dominates Data

Article by Thijs van de Graaf published in the IMF's Finance & Development Magazine | Artificial intelligence is often cast as intangible, a technology that lives in the cloud and thinks in code. The reality is more grounded. Behind every chatbot or image generator lie servers that draw electricity, cooling systems that consume water, chips that rely on fragile supply chains, and minerals dug from the earth. That physical backbone is rapidly expanding. Data centers are multiplying in number and...

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13 Nov
Member News, TRIA News

EIB to announce new investments for Latin America and the Caribbean at CELAC-EU Summit

• EIB Group President Nadia Calviño will present new projects contributing to the development of the region at the CELAC-EU Summit in Santa Marta, Colombia this weekend. • Investments to strengthen regional electricity integration, clean energy generation and water and sanitation infrastructure across Latin America will be announced. • The president will attend the summit, give a speech to the LAC-EU Business Forum and meet with the leaders of several countries. A European Investment Bank (EIB) delegation led by EIB Group President...

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10 Nov
Member News, TRIA News

EIB | At COP30, EIB Group to unveil range of global climate initiatives

• EIB Group to activate series of projects to step up fight against climate change and nature degradation. • Initiatives to increase clean energy, forests and biodiversity worldwide to be announced at UN climate conference in Brazil. • Support for women entrepreneurs in Amazon region also planned. The European Investment Bank (EIB) Group will unveil a series of initiatives to accelerate the fight against global warming at the 30th United Nations climate conference (COP30) in Belém, Brazil running from today until 21 November....

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15 Oct
Member News, TRIA News

EIB Group to boost investments outside EU to up to €10 billion annually

• Strategic orientation approved by Board of Directors focuses on win-win global partnerships and a strong European voice in the world. • EIB Global will tailor approaches by region and sector, aligned with EU priorities. • Strengthened support for Ukraine, new tools, and streamlined procedures. The European Investment Bank (EIB) Group has approved strategic orientations for EIB Global, its international partnerships and development arm. The plan targets global challenges and amplifies Europe’s voice in a changing geopolitical landscape. It streamlines support for high-impact...

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10 Oct
Member News, TRIA News

EIB | President Calviño at the 2025 Global Gateway Forum

EIB Group President Nadia Calviño delivered the closing remarks of the panel discussion on the State of World on 9 October, during the Global Gateway Forum 2025 in Brussels. Thank you very much. Indeed, I was listening to this very interesting panel, and I am absolutely delighted to have the opportunity to close this very interesting, very insightful exchange with very interesting metaphors to try to describe what we are living these days. This new global order that is in the making. We are at a historical...

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09 Oct
Chapter News, TRIA News

World Bank | Global Gateway Forum: the European Commission and World Bank Group Deepen Partnership for Infrastructure and Jobs

BRUSSELS, October 8, 2025 - The European Commission, in line with its Global Gateway investment strategy, and the World Bank Group are deepening their strategic partnership to drive a new generation of connectivity projects. An initial pipeline of projects includes 18 high-impact investments in three strategic sectors (energy, transport, and digital infrastructure) across Africa, Asia and the Pacific, and Latin America and the Caribbean. The collaboration, which will include regular high-level engagement and progress updates, is designed to ensure that projects...

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09 Oct
Chapter News, TRIA News

DFC | Statement from Acting CEO Mr. Dev Jagadesan on Confirmation of DFC CEO Mr. Ben Black

WASHINGTON, D.C. — This week, the United States Senate confirmed Mr. Ben Black as the new Chief Executive Officer (CEO) of the U.S. International Development Finance Corporation (DFC). We are pleased to welcome Mr. Black as the next CEO of DFC. His confirmation comes at a pivotal moment as we continue to advance our dual mandate of fostering strategic and economic development investments and serve as a force multiplier for the Trump Administration's foreign policy, economic prosperity, and national security agenda. Mr....

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