Uxolo data methodology
Our comprehensive data range sources the information from the main multilateral development banks (MDBs) in the world that disclose project data. there is a big difference on what each MDB discloses, some of them disclose all the projects, others consider some of them as confidential. Please check the section below where the specifics per MFI are explained.
PROJECT DATA
Project status: After analysing the project approval process of each MDB we decided to take as the reference date for every project the project approval date. It seems that this is the project status stage when all the MDBs are aligned, and it is possible to compare projects from all different institutions. If a project is supported by more than one MDB and the approval date is not the same, we consider the latest approval date.
Types of projects: we consider any project that fits in the following categories:
- DFI/MFI direct loan: A loan going directly from the DFI/MDB to the beneficiary
- A/B loan: A loan going directly from the DFI/MDB to the beneficiary, together with other lenders. The DFI will act as the junior lender in this case
- DFI/MFI guaranteed loan: In this case the DFI acts as a guarantor of that particular project
- DFI/MFI equity investment: It refers to an equity investment done by a DFI/MDB
- DFI/MFI guaranteed equity investment: It refers to a guarantee on an equity investment done by a DFI/MDB
- DFI/MFI payment guarantee: Guarantee over a payment over goods or services
- DFI/MFI grant: Investment done by a DFI/MDB without expecting any return
Note: we are not considering technical assistances because there is a wide difference in what is considered a technical assistance among the DFIs/MDBs
Framework agreements/preapproved projects: We do not consider any framework agreement preapproved by any MDB for a number of reasons:
- There is no beneficiary at the time of disclosure
- Sometimes not all the funds get allocated to specific projects
- It is easy to double count projects because we count the framework and the specific assignment
Despite framework agreements not being in the data and the reports, we collect the information. If you are interested in accessing that data please let us know and we will create a section for it.
Projects with insufficient data: In order to have a meaningful set of data we need a minimum of set data points per project but in some instances MDBs are not allowed to disclose certain details of the project. We therefore do not include projects in or data set that are missing:
- Amount
- Lender/Beneficiary. If there is more than one is also very challenging for us to consider it.
- Country/region. The exception are regional projects, which go to a special category.
LIST OF DFIs/MDBs BY CAPTURING STATUS
| Acronym | Bank name | Status | URL |
| ADB | Asian Development Bank | Capturing data | https://www.adb.org/projects |
| AfDB | African Development Bank | Capturing data | https://projectsportal.afdb.org/ |
| Afrexim | Export Import bank of Africa | No data available | https://www.afreximbank.com/ |
| AIIB | Asia Infrastructure Investment Bank | Capturing data | https://www.aiib.org/en/projects/list/index.html?status=Approved |
| BCIE | Central American Bank for Economic Integration | No data available | https://www.bcie.org/en/ |
| BOAD | West African Developemt bank | No data available | https://www.boad.org/en/projects-approved/ |
| BSTDB | Black Sea Trade and Development Bank | Capturing data | https://www.bstdb.org/our-projects/project-search |
| CAF | Corporacion Andina de Fomento | Not enough info | https://www.caf.com/es/proyectos |
| EBRD | European Bank for Reconstruction and Development | Capturing data | https://www.ebrd.com/work-with-us/project-finance/project-summary-documents.html |
| EDB | Eurasian Development Bank | Not enough info | https://eabr.org/en/projects/eabr/ |
| EIB | European Investment Bank | Capturing data | https://www.eib.org/en/projects/pipelines/notice/index.htm |
| IADB | Inter-American Development Bank | Capturing data | https://disclosures.ifc.org/enterprise-search-results-home |
| IDB Invest | Inter-American Development Bank private | Capturing data | https://disclosures.ifc.org/enterprise-search-results-home |
| IBRD | International Bank for Reconstruction and Development | Capturing data | https://projects.worldbank.org/en/projects-operations/projects-list |
| IDA | International Development Association | Capturing data | https://projects.worldbank.org/en/projects-operations/projects-list |
| World Bank funds | World Bank funds | Capturing data | https://projects.worldbank.org/en/projects-operations/projects-list |
| IFC | International Finance Corporation | Capturing data | https://disclosures.ifc.org/enterprise-search-results-home |
| IsDB | Islamic Development Bank | No data available | https://www.isdb.org/projects-under-maintenance |
| MIGA | Multilateral Investment Guarantee Agency | Capturing data | https://www.miga.org/projects?project_status=106 |
| NDB | New Development Bank | Capturing data | https://www.ndb.int/projects/list-of-all-projects/ |
| OFID | OPEC Fund for International Development | Capturing data | https://opecfund.org/operations/search-operations |
NOTES ON INDIVIDUAL MDBs/DFIs
ADB (Asian Development Bank)
Projects captured from the source are considered approved because ADB discloses the information upon signature.
Source: https://www.adb.org/projects
Methodology: https://www.adb.org/what-we-do/public-sector-financing/project-cycle
Approved projects only. All the amounts exchanged to USD using the bank's
official rates disclosures.
The currency is considered USD instead of UA because it is not an official currency.
Source: https://www.afdb.org/en/projects-and-operations
Approved projects including sovereign and non-sovereign.
Source: https://www.aiib.org/en/projects/list/index.html?status=Approved
Projects that hold the approved status, both public and private. The disclosure date is used as the approval date.
Source: https://www.ebrd.com/work-with-us/project-finance/project-summary-documents.html
Approved projects only.
If a project is connected to a multi-year disbursement programme, we will take the date of the first one.
According to the bank's methodology, not all the deals are disclosed.
The structure of the projects is sometimes not clear and we make assumptions based on the context of the project and the description
Source: https://www.eib.org/en/projects/loans/index.htm
We do not consider technical assistances as per our methodology.
Only public sector projects are captured, private sector projects are within IDB Invest.
Source: https://disclosures.ifc.org/enterprise-search-results-home
Approved deals only. Some deals are considered project finance if the nature of the project and the borrower are consistent with it.
Only private sector projects are captured, public sector projects are within IADB.
Source: https://disclosures.ifc.org/enterprise-search-results-home
The information for IBRD and IDA is disclosed in the same source, together with other World Bank funds.
Every deal allocated to a WB fund is under "World Bank Group" as the DFI.
Source: https://projects.worldbank.org/en/projects-operations/projects-list
Approved projects that are loans, equity investments and guarantees.
Source: https://disclosures.ifc.org/enterprise-search-results-home
At the time we started with he product the project disclosure page was under maintenance, and we
could not gather any data.
Source: https://www.isdb.org/projects-under-maintenance
We consider projects that are already considered by the board, approved by them, and the contract is signed.
Source: https://www.miga.org/projects?project_status=106
We consider only projects, not technical assistances as per our methodology. The amount in certain projects is disclosed as
"up to x", so we consider that as the amount.
Source: https://www.ndb.int/projects/list-of-all-projects/
Approved projects are considered only. The project date is the approval date as disclosed in the source
Source: https://opecfund.org/operations/search-operations
VALIDATION
The details of every deal included in the tables are cross-checked with the original source by our Data Team.
COUNTRIES AND REGIONS
The countries are arranged in the following regions:
Africa: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Cote D'Ivoire (Ivory Coast), Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Senegal, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Western Sahara, Zambia, Zimbabwe
Asia: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nauru, Nepal,Pakistan, Seychelles, Sri Lanka
Asia Pacific: Brunei Darussalam, Cambodia, China, Fiji, Hong Kong, Indonesia, Japan, Korea, Korea (North), Laos, Malaysia, Marshall Islands, Mongolia, Myanmar, Papua New Guinea, Philippines, Samoa, Singapore, Solomon Islands, Taiwan, Thailand, Timor-Leste, Tonga, Vanuatu, Vietnam
Australasia: Australia, New Zealand
Europe: Albania, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, France, Metropolitan, Georgia, Germany, Greece, Hungary, Iceland, Ireland, Italy, Jersey, Latvia, Lithuania, Luxembourg, Macedonia, Malta, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovak Republic, Slovenia, Spain, Svalbard and Jan Mayen, Sweden, Switzerland, Turkey, United Kingdom, Vatican City State (Holy See)
Latin America: Antigua and Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bolivia, Brazil, Caribbean Nations, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, French Guiana, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Uruguay, Venezuela, Virgin Islands (British), Virgin Islands (U.S.)
Middle East: Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates, Yemen
North America: Bermuda, Canada, Greenland, United States
Russia CIS: Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Tajikistan, Turkmenistan, Ukraine, Uzbekistan
CURRENCIES
Allocations are in US dollars. Other currencies are converted to US dollars using the exchange rate from the transaction’s date of approval.
QUERIES
We welcome any suggestions or questions you have on the scope of the
methodology.
Please contact Alfonso Olivas –
alfonso.olivas@txfmedia.com
– Head of Data and Analytics.