Thursday
March 6
2025

BII Provides $100 Million Towards Green Investments and Financial Inclusion in Africa

By Krystle Higgins

The funding aims to drive sustainable growth by facilitating lending to climate-related projects and women-led enterprises, expanding financial inclusion, and helping to close the region’s $42bn gender financing gap.

British International Investment (BII), the UK development finance institution, is providing $100m (€95m) to KCB Bank Kenya to support lending to climate-related projects and address the funding gap for women-led enterprises in sub-Saharan Africa (SSA).

Source: Impact Investor (link opens in a new window)

Categories
Energy, Environment, Finance, Transportation
Tags
climate change, development finance, e-mobility, financial inclusion, gender equality, gender lens, innovation, lending, renewable energy, women entrepreneurs