capital markets
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Africa
FSD Africa Investments avails £10mln to support Nigeria’s sustainable climate infrastructure
LAGOS – FSD Africa Investments [FSDAi], in collaboration with InfraCredit, have invested £10 million into a first-of-its-kind risk-sharing backstop facility, designed to unlock local currency funding for sustainable infrastructure development in Nigeria. The…
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Africa
AfDB approves US$ 147mln in subordinated debt to Mauritius Commercial Bank
ABIDJANI-The African Development Bank [AfDB] has approved US $147 million in subordinated debt to the Mauritius Commercial Bank Ltd [MCB] to enhance its capital base and mobilise loan growth in the renewables,…
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