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Montreal (Quebec), February 21, 2024 – Canada’s Development Finance Institution, FinDev Canada, and IDB Invest have each signed an up to US$ 50 million commitment to DIC Latin American Fund IV, L.P.

Montreal (Quebec), December 19, 2023 – Canada’s Development Finance Institution (DFI), FinDev Canada, grants a senior unsecured loan of EUR 20 million to Banque Ouest Africaine de Développement (BOAD).  

The awards ceremony took place at COP 28 on December 5th during the Africa Investment Earthshot Leaders Summit. The awards recognize both public and private sector institutions that are working to innovate and break new ground to mobilize private capital and private sector participation at scale, to Africa’s bankable NDC investment commitments and projects.

Over 70,000 people are expected to attend the conference, including heads of state, government representatives, international business leaders, private sector representatives, experts and non-state actors.

GAIA announces that the Green Climate Fund (GCF), will provide up to US$150 million in equity to the project.