Friday 19 August 2022

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Professional liability: Expanding scope of indemnity insurance

In the fifth of a series of articles, FIDIC president Tony Barry looks at strategies for professional indemnity insurance against the backdrop of much changed professional liability conditions.  

Rakiza announces $300m PIF investment

Private equity infrastructure fund co-managed by Oman Infrastructure Investment Management (OIM) and Equitix, receives capital commitment from Saudi sovereign wealth fund. 

Professional liability: Consumer and competition law

In the fourth of a series of articles, FIDIC president Tony Barry looks at how consumer law impacts on professional liability, pushing up costs and reducing scope for innovation across infrastructure.  

Could Africa solve climate change?

At the recent US-Africa Business Summit, the AfDB president called for investment in Africa not to help Africa, but to solve the world’s net zero challenge. So, how crucial could Africa be in tackling climate change?

ADB: $96m for sanitation and water in Himachal Pradesh

The Asian Development Bank (ADB) has approved a $96.3 million loan to provide safe drinking water and improve water supply and sanitation services of Himachal Pradesh, India.

EBRD: $100m for Kazakhstan railway modernisation

European Bank for Reconstruction and Development (EBRD) investment will boost capacity on the Central Corridor between China and the EU.

IDB: $400m for Costa Rica decarbonisation plan

The Inter-American Development Bank (IDB) teams up with Republic of Korea and France to boost decarbonisation in Costa Rica. 

EBRD to repower Africa’s oldest windfarm

€44m will make 50MW Koudia Al Baida wind farm in Morocco the first to be repowered, with a 100MW outcome.

Professional liability: Expanding contractual obligations

In the third of a series of articles, FIDIC president Tony Barry looks at increasing complexity of contractual obligations and the challenges in managing fitness for purpose obligations. 

JICA issues ¥24bn peacebuilding bonds

Ten and twenty year bonds raise funding to support nations affected by conflict.  
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