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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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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