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Combating climate change: the BOI and AFD sign an agreement for a grant of 2.5 million euros

13/02/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Bank of Industry (BOI) is back at the cash register after obtaining a 100 million euro line of credit in March 2022 from the French Development Agency (AFD) for the expansion of green finance in Nigeria. Indeed, this time with the aim of advancing their partnership in the fight against climate change in the country, the French institution together with the Green Climate Fund (GCF) signed a grant agreement of 2.5 million euros with the Nigerian bank. A financing that will allow the banking institution to strengthen its strategy and operations.

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