A US$200 million Sustainability-Linked Loan has been launched by a syndicate of European Development Finance Institutions (EDFIs), chaired by Proparco and comprising Norfund, DEG, FMO, and EFP, to support the Sustainability and Climate strategy of Ecobank Group.

Since this is the first sustainability-linked loan to a financial institution in sub-Saharan Africa, it represents a significant milestone. The establishment of a climate strategy and the release of Climate Disclosures are two significant climate commitments that are connected to the facility........read more here https://www.newzurban.com/2023/12/cop28-ecobank-signs-its-sll-for-us200m.html