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BII Provides $100M Towards Green Investments and Financial Inclusion in Africa
Source: Impact Investor
British International Investment (BII), the UK development finance institution, is providing $100m (€95m) to KCB Bank Kenya to support lending to climate-related projects and address the funding gap for women-led enterprises in sub-Saharan Africa (SSA).
The injection of the Tier 2 capital facility is hoped to catalyze sustainable economic growth in Kenya, through supporting green investments and financial inclusion.
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