Rwanda: African Development Fund to provide a partial credit guarantee to support the financing of green and sustainable initiatives.

May 6, 2024 AELEX Admin 0 Comments

The Board of Directors of the African Development Fund, the concessional lending arm of the African Development Bank Group, has approved a partial credit guarantee to support Rwanda’s mobilisation of financing to implement green and social initiatives. The Partial credit guarantee for mobilisation of sustainable financing for Rwanda project will enable the country to raise up to €200 million competitively from international commercial banks, diversifying its funding sources.Read More

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