AfDB’s AG3F fund aims to mobilise $100m by 2025
The African Green Finance Facility fund, managed by Audrey-Cynthia Yamadjako, has just awarded its first two pilot envelopes: $800,000 to Caisse des dépôts et consignations du Bénin (CDC Bénin) and $625,000 to Banque nationale de Côte d’Ivoire (BNI).
23/05/2023 at 19h30, by Christelle Marot
The African Green Finance Facility (AG3F) is an African Development Bank (AfDB) initiative in support of its Green Banking Initiative. AG3F aims to green African commercial and public banks’ lending to SMEs, local governments and individual entrepreneurs.
Recommended articles
News
19/07/2023 at 14h59, by Africa Business+
Ousmane Fall, Akinwumi Adesina’s new champion for AfDB’s private sector relations
He has been appointed to a newly created position at the pan-African financial institution as director...
Agribusiness
25/05/2023 at 17h06, by Africa Business+
Mbabane contracts the Chinese consortium Sakhalive for the €136m Mpakeni Dam in Eswatini
Africa Business+ exclusive.
Development Bank
10/03/2023 at 11h50, by Africa Business+
AfDB issues first NOK1 billion green bond on Norwegian market
The bond will finance green growth and climate transition in Africa, including improving climate resilience,...
Private Equity
02/02/2022 at 17h45, by Africa Business+
AfDB Board of Directors to soon decide on AfricaGoGreen Fund
The AfDB is considering taking a stake in the fund.
Development Bank
13/10/2021 at 16h42, by Africa Business+
AfDB’s “special fund” SEFA goes big on renewable energy
Arising from a bilateral negotiation with Denmark, the vehicle aims to raise $500 million.