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Canada’s bilateral development finance institution, FinDev Canada, announces a USD 33 million commitment to BlueOrchard Climate Action Mobilisation Fund ("The Fund”), a private debt fund structured as a blended finance vehicle that achieved its first close of USD 250 million.

Leveraging the Role of Development Finance in Advancing Women’s Economic Empowerment

The Honourable Randeep Sarai, Secretary of State (International Development), announced a USD 40 million loan on behalf of Canada’s bilateral development finance institution (DFI), FinDev Canada, to Lendable MSME Fintech Credit Fund II (or the Fund), a global-focused debt fund operating in Latin America, Africa, and Asia. The commitment will support economic growth, financial inclusion, and gender equality. This represents FinDev Canada’s third commitment with Lendable MSME Fintech Credit Fund II.

The Honourable Randeep Sarai, Secretary of State (International Development), announced a USD 40 million loan on behalf of Canada’s bilateral development finance institution, FinDev Canada, to Robust International Pte. Ltd. ("Robust”), a vertically-integrated agribusiness company based in Singapore, and specializing in sesame, cashew, and soybean. The financing aims to strengthen agricultural supply chains in Least Developed Countries (LDCs) in Africa.

FinDev Canada and ALTÉRRA, an investment manager recognized for its leadership in climate-focused investments headquartered in Abu Dhabi, announce a strategic partnership to collaborate to mobilize capital at scale for climate investment across emerging markets.