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Burkinabé Communities Use Performance-Based Grants to Invest in Climate-Resilient Agriculture and Water
The UNCDF designed the Local Climate Adaptive Living Facility (LoCAL) to help strengthen the resilience of vulnerable communities such as Saponé in the Centre-Sud Region, Loumbila in the Plateau-Central Region and Pabré in the Centre Region of Burkina Faso.
IFC, CRDB Bank Partner to Support Smaller Businesses, Job Creation in Burundi
Under the partnership, IFC has loaned $5 million to CRDB Bank Burundi S.A. for on-lending to smaller businesses, many of which struggle to access financing for growth, especially in the wake of the COVID-19 pandemic.
Grameen Foundation Grants a First Loan to the Microfinance Institution Baobab in Burkina Faso
Through its subsidiaries, Baobab provides financial services to half a million microentrepreneurs and small businesses, thus allowing access to financing to people who are not currently supported by traditional banks.