News

EBRD extends renewable energy program for Kazakhstan

The EBRD is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s Kazakhstan Renewables Framework of up to €300 million.

EBRD and SECO help improve water services in Tajikistan

Over 180,000 citizens of Khujand, the second-largest city in Tajikistan, will have regular access to safe drinking water and improved wastewater services thanks to a joint investment of $8.85 million by the EBRD and the Swiss State Secretariat for Economic Affairs (SECO).

EBRD and SECO help improve water services in Tajikistan

Over 180,000 citizens of Khujand, the second-largest city in Tajikistan, will have regular access to safe drinking water and improved wastewater services thanks to a joint investment of $8.85 million by the EBRD and the Swiss State Secretariat for Economic Affairs (SECO)

ADB-supported irrigation project to improve Kazakhstan’s agricultural productivity

The Asian Development Bank (ADB) has approved a $249.8 million equivalent loan in local currency (tenge) to the Republican State Enterprise Kazvodkhoz, a state-owned enterprise dealing with water facilities, to help in the rehabilitation and improvement of irrigation networks serving 171,000 hectares of land in four provinces in Kazakhstan.

ADB grant to improve water resources, enhance productivity in Afghanistan

The Asian Development Bank (ADB) has approved a $348.78 million grant to help in the development of water resources in Kandahar province through the expansion of Dahla Dam, the country’s second largest dam.

EBRD offers new financing opportunities for Uzbekistan exporters and importers

The EBRD is providing a boost to domestic importers and exporters in Uzbekistan by opening a limit of up to $20 million under the EBRD’s Trade Facilitation Programme (TFP) to Asaka bank.

EBRD and EU support new tool to boost agricultural lending in Azerbaijan

Banks in Azerbaijan are expected to increase their capacity to lend to local farmers and agricultural firms thanks to a new, innovative tool to evaluate loans in the sector.

ADB to upgrade two new border crossing points in Mongolia to ease Trade

The Asian Development Bank (ADB) has approved a $27 million loan as additional financing to expand the scope of an ongoing cross-border trade facilitation project in Mongolia, which will now include two new border crossing points.

New ADB country strategy to expand trade, drive economic growth in Georgia

The 5-year partnership strategy, from 2019–2023, supports the Government of Georgia’s overall development strategy to increase productivity and reduce poverty through closer economic integration with its neighbors and the rest of the world.

Kazakhstan adopts roadmap on dairy industry standards

Kazakhstan is strengthening its commitment to improving the safety of raw milk and dairy products with the signing of a roadmap in the country’s capital Nur-Sultan that will bring the national dairy industry to the level of the Eurasian Economic Union standards.