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Africa: The Italian CDP Lends EUR100M to the AFC to Finance the Ecological Transition
Source: Afrik21
The Italian development finance institution Cassa Depositi e Prestiti (CDP) has granted a EUR100 million loan to the Africa Finance Corporation (AFC). The pan-African financial institution will use the funds to finance the green transition through sustainable infrastructure in Africa.
Italy is financing the ecological transition in Africa. Its development finance company Cassa Depositi e Prestiti (CDP) is approving a EUR100 million loan to the Africa Finance Corporation (AFC), a pan-African multilateral development finance institution based in Lagos, Nigeria. This financing aims to support the development of green infrastructure in Africa.
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