UK architect Foster + Partners has unveiled its design for a 39-floor, 188m-tall tower in Asunción, Paraguay, that will be the headquarters for the Sudameris Bank. The firm says the…

The newly elected government of Gabon has signed two agreements with the Africa Export-Import Bank accepting loans worth more than $3.2bn for industrial development. The funding is equal to 16%…

India’s central bank, the Reserve Bank of India (RBI), has said it will require lenders to keep money in reserve equal to 1% of the value of loans given to…

Work has been completed on Kohn Pedersen Fox’s (KPF’s) design for the headquarters of Ziraat Bank in Istanbul’s International Financial Centre. The project consists of two towers, 46 and 40-storeys…

Ground has been broken on a headquarters for BDO Unibank in Manila, designed by UK architect Foster + Partners. The building will contain lights in the façade intended to resemble…

The Philippines has secured nearly $2.8bn in loans for a 26km motorway along one of the country’s busiest corridors. The Asian Development Bank (ADB) will lend just under $1.7bn, the…

Hamburg Commercial Bank’s latest survey of sentiment among construction’s purchasing managers has shown that the Eurozone’s industry remains obscured by gloom, with new orders continuing to fall as prices and…

The Arab Bank for Economic Development in Africa (BADEA) will join other development lenders to finance a $65m programme to improve schools in Sierra Leone. The work will involve extending…

The European Investment Bank (EIB) and publicly-owned Spanish infrastructure group Adif Alta Velocidad have agreed to loan €430m towards a 182km high-speed rail line in Spain’s Basque Province. The double-track…

Shenzhen has become China’s first tier-one city to announce plans to buy unsold homes from struggling developers to turn them into rentals for low-income people. It comes three months after…

The 33-storey Z6 tower in Beijing, designed by UK architect Foster + Partners, aims to become China’s first high-rise office building to achieve the “Net Zero Carbon Outstanding” certification. Located…

The China Merchants Bank Headquarters in Shenzhen, designed by UK-headquartered architect Foster + Partners, has topped out. Announced in 2019, the 350m-tall tower will contain 310,000 sq m of office…

The Central American Bank for Economic Integration (CABEI) has approved a $607m loan for five projects aimed at improving Honduras’ road system. The loan will fund the Honduras Resilient Roads…

The African Development Bank has loaned Namibia $196m towards the second phase of its Transport Infrastructure Improvement Project (TIIP). The money accounts for 52% of the total project cost; the…

Standard Bank of South Africa (SBK) says it will launch a $1bn fund to promote the country’s transition to renewable energy. The bank will work on the project with Stanlib,…

Construction has begun on an 800,000 sq ft workspace and 1.5 acre urban park at investment bank Goldman Sachs’ Dallas Campus. Some 5,000 employees will work at the building, which…

International lenders have agreed to finance the lion’s share of a $264m project to improve roads, sanitation, and waste management in the Nigerian state of Abia. The state’s two main…

The World Bank has approved a $311m finance package to support renewable energy generation in Togo, Liberia, Sierra Leone and Chad. The bank said the loans will be spent on…