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Canada’s bilateral Development Finance Institution, FinDev Canada announces a USD 100 million loan to Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, to support sustainable infrastructure projects in Sub-Saharan Africa.

Canada’s bilateral Development Finance Institution, FinDev Canada and CRDB Bank announced the signing of a Memorandum of Understanding to advance sustainable and inclusive development. The agreement represents the institutions’ commitment to mobilising capital, and sharing knowledge, expertise and best practices to create shared prosperity for communities and businesses in Africa.

The G7 Development Finance Institutions today announced the establishment of the G7 Infrastructure Investment Council, a key initiative to scale infrastructure investments for economic prosperity in emerging markets and developing economies. The announcement took place ahead of the G7 Development Ministerial during the Annual Meetings of the International Monetary Fund and the World Bank Group.

FinDev Canada and British International Investment (BII) today announced the signing of a Memorandum of Understanding (MOU) to enhance cooperation between their respective concessional finance facilities. The agreement underscores the two institutions’ shared commitment to mobilise greater private sector investment in emerging markets and developing economies.

Canada’s bilateral Development Finance Institution, FinDev Canada, the Dutch Entrepreneurial Development Bank, FMO, Japan International Cooperation Agency, JICA, and a subsidiary of Agence Française de Développement, Proparco, announce the signing of a USD 370 million syndicated loan facility to Sudameris Bank S.A.E.C.A. (or “Sudameris Bank”), the second-largest commercial bank in Paraguay.