Wednesday
November 26
2025

Press Release: British International Investment and Firstrand Advance Transition Finance Across Africa With $150 Million Facility

British International Investment (BII), the UK’s development finance institution and impact investor, and the FirstRand group (FirstRand), one of Africa’s largest financial institutions, announced today a $150 million financing facility to accelerate Transition Finance projects across Africa, addressing the challenges of climate change and efforts required to combat it.

Photo courteys of Mario Losereit.

Source: British International Investment (link opens in a new window)

Categories
Energy, Environment
Tags
climate change, decarbonization, development finance, sustainable finance