UNCDF and SDC launch Blue Peace Bond to develop the Gambia River

UNCDF and SDC launch Blue Peace Bond to develop the Gambia River

This innovative bond was established by the United Nations Capital Development Fund (UNCDF) and the Swiss Agency for Development and Cooperation (SDC). It aims to finance projects led by the Gambia River Development Organisation (OMVG) up to $2 billion.

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            ▪ UNCDF and SDC launch Blue Peace Bond to develop the Gambia River

▪ This innovative bond was established by the United Nations Capital Development Fund (UNCDF) and the Swiss Agency for Development and Cooperation (SDC). It aims to finance projects led by the Gambia River Development Organisation (OMVG) up to $2 billion.

https://www.africabusinessplus.com/en/814735/uncdf-and-sdc-launch-the-blue-peace-bond-to-develop-the-gambia-river/

The Gambia River Development Organisation (OMVG), led by High Commissioner El Hadj Lansana Fofana, is a sub-regional institution that includes The Gambia, Senegal, Guinea and Guinea-Bissau.

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