More than 40 percent of the loan amount was allocated to energy efficient housing projects, i.e. purchase of new energy efficient apartments, as well as individual house constructions and renovations.

Through this course, bank staff learn about climate risks and opportunities, methods to assess climate risk and offer biodiversity or nature-based adaptation and mitigation solutions to climate proof their clients and reduce the bank’s exposure to climate risk. 

The project allows for financing of various loan purposes, for example purchase of housing from primary and secondary markets, renovation, and single-family house construction.

The Central Bank of Nigeria, supported by the Alliance for Financial Inclusion, developed and launched the Framework for Advancing Women’s Financial Inclusion in Nigeria, aiming to close the gap by 2024.

The overall program objective is to increase the productivity of the participating actors in the agricultural value chains particularly affected by climate change.

This very important commitment brings the duration of the advisory services provided by AFC to a total of nine years, with a total contract value of EUR 3.4 million.

The grant aims to to strengthen the local economy and increase the revenue potential of small businesses and communities.

In the frame of this project, AFC, in collaboration with the national statistics office CAPMAS and the Central Bank of Egypt, conducted the first national representative financial inclusion survey in Egypt and build a data set as evidence base and baseline for future monitoring.

The main objectives of the assignment were to design agency banking business model, map potential agents’ locations throughout the country, and provide technical assistance for branding, advertising, consumer education and industry sensitization on agency banking. 

AFC started implementing three new projects in fall this year that aim to promote financial sector soundness and access to financial services by individuals.