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EIB Commits $40m To Accelerate Climate Infrastructure Investment Across Africa

(AFRICAN EXAMINER) - The European Investment Bank (EIB) has approved $40 million to accelerate climate infrastructure investment across Africa. This is aimed at supporting the Acre Impact Capital’s Export Finance Fund, which invests in climate-aligned essential infrastructure by partnering with leading commercial lenders and export credit agencies. It will address the estimated $100 billion annual ....

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EIB pledges $40m to support Acre's climate infrastructure fund

EIB pledges $40m to support Acre's climate infrastructure fund
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Private sector flags concerns over new OECD down payment rules

Just weeks after the OECD moved to relax down payment rules for transactions involving export credit agencies (ECAs) in the developing world, questions have been raised over the reasons behind the decision. Last month, the OECD Arrangement on Officially Supported Export Credits announced it would temporarily slash the down payment requirement from 15% to 5% . ....

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