The funding will support the roll-out of mini-grids powered by clean and affordable energy sources across the West-African country, where 90 million people have no access to electricity.
The commitment will allow Planting Naturals to grow its operations and boost incomes and livelihoods for its growing network of farmers in the West-Africa country.
Finland’s development finance institution aims to mobilise private capital to fund critical digital infrastructure projects and boost inclusive growth in emerging markets.
The Japanese development bank joins founding partner KfW as an investor in the fund, which provides loans to SMEs exporting from emerging Asia and Africa.
The DEG loan to the CRBD bank will use a guarantee from the European Fund for Sustainable Development Plus, and will support small businesses including those owned by women and young adults.
The facility, backed by European impact investors, will be used by QNB Leasing to provide finance for clean energy projects, micro and small companies and sustainable economic development.
The Emerging Africa & Asia Infrastructure Fund, International Finance Corporation, British International Investment, DEG, and Proparco have committed $160m in an anchor investment to the $600m Axian Telecom bond issuance.
From now on you will receive our newsletter 3 times a week (Tue, Thu and Fri).
Free newsletter. Sign up now
Register your email address and receive our newsletter direct to your inbox.
Offering independent news and analysis about impact investing and sustainable finance.
For free.
