Ethiopia Amhara State

EIB supports Morocco’s railway infrastructure upgrading with €200 Mln loan

The European Investment Bank (EIB) and the Office National des Chemins de Fer (ONCF) have signed on Wednesday a €200 million (2.1 billion dirhams) financing contract, which represents 80% of a total sum of €250 million earmarked by the European financial institution to support ONCF’s investment plan. The ONCF’s investment plan aims to renew the […]

IFC loans Express Union Tchad around $3m to boost access to finance for underserved communities

The International Finance Corporation, IFC, has provided a loan worth close to $3 million to Chad’s leading microfinance Express Union Tchad (EUT) to boost access to finance for underserved communities —particularly women and those in rural areas, bolster the microfinance sector, and help drive economic growth, the World Bank’s branch for private sector financing said […]

Climate Change: Malawi, Mozambique, South Africa secure €1 million

The Government of Flanders this year has committed 1 million euros to the Africa Climate Change Fund (ACCF) to support five projects in three African countries – Malawi, Mozambique and South Africa.   According to the African Development Bank, the project will contribute to demonstration of an innovative results-based finance model for adaptation to climate […]