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.

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