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The Latest Breaking News from KfW

Johannesburg has taken a big new loan to help fix its electricity problems, but the results will take time

Just over a third (38%) of the residents of South Africa’s commercial capital, Johannesburg, reported being satisfied with their electricity services in a survey conducted in 2023/2024. This was down from 77% in 2017/18. The decline reflected years of citizen concerns about the service. In 2026 the auditor general noted…

The Conversation

PMET Resources Receives Government-Backed Letters of Support for Shaakichiuwaanaan Financing

MONTREAL, May 19, 2026 /PRNewswire/ -- May 19, 2026 – Sydney, Australia HighlightsPMET has received non-binding letters of support from Export Development Canada ("EDC"), Germany's KfW IPEX-Bank and another major Canadian Government financial institution as part of advancing its ongoing financing strategy for the Shaakichiuwaanaan Project.EDC is Canada's export credit…

AAP

How Rachel Reeves could release billions more for investment in the budget

The chancellor has signalled that she may change some of the government’s fiscal rules in her speech. What are they – and what could that mean?

The Guardian - UK

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Colombia Signs $1.2 Billion Loan Agreements With Multilateral Lenders

The three contracts will help reform programs such as the peace agenda, strengthening gender equality policy and implementing the SDG (Sustainable Development Goals) agenda in the environmental sector that will be implemented over the years.

Latin Times

Bengaluru suburban rail project will be complete by 2027: M.B. Patil

The government aims to complete the Bengaluru Suburban Rail Project by December 2027, contradicting the initial deadline of December 2025.

The Hindu

German Government Sells Deutsche Post Shares to Fund Rail Upgrades

Germany's state-owned development bank has sold shares in Deutsche Post for .3 billion, reducing government stake and financing rail network improvements.

Top News

Tripartite agreement between Govt. of Karnataka, Ministry of Railways and KRIDE for execution of Bengaluru Suburban Rail Project

Tripartite agreement signed to facilitate closure of funding process for ambitious BSRP project. Govt. of Karnataka, Ministry of Railways, K-RIDE to cooperate for effective implementation. Agreement critical for successful completion of project, facilitates 800 million euro loan from KfW, EIB.

The Hindu

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Action council petitions Chief Minister over delay in construction of Water Metro terminals

Mattancherry Water Metro Action Council met Chief Minister seeking speedy construction of Water Metro terminals. Delay in re-tendering and SWTD ferry services has deprived locals of socio-economic boost. KWML awaits KfW clearance to commence tender process; floating pontoons and e-buses/autos for last-mile connectivity to be readied.

The Hindu

German Ambassador rides in Kochi Water Metro ferry

Impressed by the ride in a electric-hybrid Water Metro ferry in the High Court-Vypeen corridor through the Kochi backwaters on Thursday, German Ambassador to India Philipp Ackermann cited the need for more such state of the art, sustainable modes of commute.

The Hindu

With the help of a Kentucky nonprofit, Lexington writer finds her voice

Kentucky writer Savannah Sipple is a three-time grantee with a Ky nonprofit

WEKU

South Africa releases terms of 600 million euro climate loans from France, Germany

South Africa on Thursday released the terms of two climate loans for a combined 600 million euros ($596.7 million) from French and German development banks, saying they were substantially cheaper than market borrowing.

Reuters

Delay in Centre’s nod affects SilverLine’s foreign loan prospects

Project has been reportedly out of the funding list of JICA

People

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