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FinDev Canada, announces a USD 60 million loan to CRDB Bank Plc, the largest commercial bank in Tanzania. The financial commitment will strengthen economic development, promote women’s financial inclusion, and support climate action in Sub-Saharan Africa. This is FinDev Canada’s first commitment in Tanzania.

Canada’s bilateral Development Finance Institution, FinDev Canada, joins Germany’s Development Bank, DEG, Austria’s Development Bank, OeEB, and Netherlands-based pension fund, ILX Management B.V, to announce the signing of a USD 100 million syndicated facility to Access Bank, one of the leading banks in Africa.

Canada’s bilateral Development Finance Institution, FinDev Canada, announces a €20 million equity commitment to Amethis Fund III (“the Fund”), a generalist impact fund seeking growth equity investments in 9 to 12 mid-sized scalable enterprises in Sub-Saharan Africa.

Canada’s bilateral Development Finance Institution, FinDev Canada, announces a USD 15 million capital contribution to EcoEnterprises Partners IV, LP (“the Fund”), a women-owned and led impact investment firm.

Indonesia Infrastructure Finance (IIF) and FinDev Canada have signed a memorandum of understanding (MoU) to accelerate Canada’s participation in infrastructure development in Indonesia.