Montreal (Quebec), 18 April 2024 – Canada’s bilateral Development Finance Institution, FinDev Canada, approved a US$ 15 million blended finance loan to Surpapel Group - which operates one of the largest paper mills and cardboard box plants in Ecuador – to support the increase of its production capacity while reducing its carbon footprint.
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.
