UK commits $10m to SDG outcomes fund in Africa vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
Andrew Mitchell, UK’s Minister for Development and Africa, commented, said, “This commitment will support sustainable development projects in developing countries, particularly in Africa and South Asia, giving some of the world’s most vulnerable communities the means to provide local solutions to local problems.
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has announced a US $10 million commitment to the SDG Outcomes Fund as an anchor investor alongside the US International Development Finance Corporation (DFC). Both DFIs will support the first fund dedicated to development impact bonds in…