Search results
Results from the WOW.Com Content Network
It also authorized USADF to make grants, loans, and loan guarantees to African entities for developmental purposes and required the agency to give priority to community self-help projects with the maximum feasible participation of the poor. It also provided for the appointment of a Board of Directors to manage the agency.
The investment mechanism of the China-Africa Development Fund operates primarily through the following processes: adhering to the principle of marketization, the Fund independently selects investment projects based on the investment policy set by the board of directors; It autonomously decides whether to invest and determines the scale of investment in line with the relevant investment ...
The Africa Climate Change Fund, often known as the Fund or ACCF, is a multi-donor trust fund that is specifically designed to support the African Development Bank's (AfDB) efforts to finance climate change three times as much as possible while also advancing the bank's mission to create an Africa that is resilient to climate change.
Countries have limited space in their budgets, and borrowing more to fund climate goals will worsen their considerable debt burdens, argue African leaders, who are seeking a rapid boost in financing.
One startup working in renewable energy is the Johannesburg-based Wetility, which last year secured funding of $48 million — mostly from private equity — to expand its operations.
SHARM EL-SHEIKH, Egypt (AP) — Battling droughts, sandstorms, floods, wildfires, coastal erosion, cyclones and other weather events exacerbated by climate change, the African continent needs to ...
The launch of a Pan African Infrastructure Development Fund (PAIDF) by the Public Investment Corporation of South Africa, to finance high priority cross-border infrastructure projects. Capacity building for continental institutions, working with the African Capacity Building Foundation, the Southern Africa Trust, UNECA, the African Development ...
Fifteen African States and France participated in the creation of the Fund. [2] The application for membership of three other African countries was accepted by the original members as early as April 1977. [3] In France, the creation of the Fund was the subject of Law no. 77-732 of 7 July 1977. [4] ASF operations began in September 1979. [5]