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IFC Discloses Proposed $25 Million Investment in Admaius’ Virunga Africa Fund II
The fund is targeting $500 million to invest in mid- to large-cap African companies.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: African Development Bank Approves €93.9 Million to Expand Last-Mile Power Connections Under UREAP Phases I & II in Uganda
The funding will close a critical gap for the compensation of project-affected persons and completion of outstanding works, ensuring the project delivers its full development impact.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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British International Investment Targets £15 Billion of Capital for Developing Economies as It Launches Climate Initiative as Part of New Five-Year Strategy
A central pillar of the new strategy, launched by Minister for Development Jenny Chapman, is a focus on accelerating the flow of private capital to developing countries.
- Categories
- Environment, Finance
- Region
- Global
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Press Release: IFC and Standard Chartered Partner on Supply Chain Finance to Support African Businesses
The risk-sharing facility will cover up to $300 million in supply chain and trade finance assets originated by Standard Chartered in Africa.
- Categories
- Agriculture, Finance, Health Care
- Region
- Sub-Saharan Africa
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SIDBI and Shell Foundation Launch US $3.1 Million Initiative to Expand Access to Green Finance for Nano-Entrepreneurs
Backed by a $3.1 million grant from Shell Foundation, the EN-Trans RSF provides a second-loss risk coverage to Participating Financial Institutions (PFIs), including SIDBI as a lender, for loans extended to low-income communities.
- Categories
- Investing
- Region
- Asia Pacific
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Joint Press Release: EU and Partners Sign the Global Green Bond Initiative Fund to Mobilise up to €20 Billion in Investments for Sustainable Infrastructure
At least 20% of investments will target the world's least developed countries, with support for bonds in both local currency and euro.
- Categories
- Agriculture, Environment
- Region
- Global
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Press Release: British International Investment Targets £15 Billion of Capital for Developing Economies as It Launches Climate Initiative as Part of New Five-Year Strategy
British Climate Partners will target highest emitting developing economies with over £1 billion in climate finance.
- Categories
- Environment, Finance
- Region
- Global
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IFC and Santander Brazil Are Partnering to Catalyze the Eco Invest Program, Expanding Sustainable Financing in Brazil
Through this support for the Eco Invest initiative, IFC will help expand Santander’s ability to offer more affordable financing to sustainable projects eligible under the program’s criteria, in sectors such as renewable energy, energy efficiency, sustainable construction, clean transportation, and agribusiness resilience.
- Region
- Latin America
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