New UK risk-sharing facility backs Nigerian climate infrastructure

Issue 489 - 04 Aug 2023 - By Jon Marks | 1 minute read

£10m ($12.7m) from the United Kingdom International Development-funded FSD Africa Investments (FSDAi) to a new Risk Sharing Backstop Facility (RSBF), which is intended to support sustainable climate infrastructure in Nigeria, was announced on 2 August, during a visit to Abuja by UK foreign secretary James Cleverly.

Tagged with:

Pin Strategy & risk

Pin Nigeria

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map