The Lusophone Development Compact will receive a €400 million boost from the Portuguese government and the AfDB

The Lusophone Development Compact will receive a €400 million boost from the Portuguese government and the AfDB

According to an African Development Bank (AfDB) September 2022 press release, the AfDB and Portugal have signed a €400 million guarantee agreement to finance private sector initiatives and public-private partnership (PPPs) projects in Portuguese-speaking African member countries.

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Emirates Development Bank offers free consultancy services to SMEs in the UAE

Emirates Development Bank offers free consultancy services to SMEs in the UAE

According to an Emirates Development Bank (EDB) July 2022 press release, the bank, in partnership with Future Factory, has launched a new initiative to provide free consultancy services to SMEs in the UAE operating in the manufacturing, advanced technology, infrastructure, healthcare, and food security sectors.

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$2.225 million Green Economy Finance Facility (GEFF) for micro, small and medium enterprises (MSMEs) approved in Jordan

$2.225 million Green Economy Finance Facility (GEFF) for micro, small and medium enterprises (MSMEs) approved in Jordan

According to a European Bank for Reconstruction and Development (EBRD) August 2022 press release, the Green Climate Fund (GCF) and the EU have approved for its local partner, Jordan’s Microfund for Women (MFW), a US$2.225 million Green Economy Finance Facility (GEFF) for micro, small and medium-sized enterprises (MSMEs) to promote green energy transition investments.

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Togo receives €16.2 million in funding to promote affordable and clean energy

Togo receives €16.2 million in funding to promote affordable and clean energy

According to an August 2022 International Finance Corporation (IFC) press release, energy supplier, Zener SA will receive €16.2 million from the IFC to promote affordable and clean energy in Togo by helping the country build more liquefied petroleum gas (LPG) storage terminals and equip more filling stations with LPG cylinders and solar kits.

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