NSIA Banque, CDC-CI Capital Sign $4.9M Deal on Green Investments
TLDR
- NSIA Banque Côte d'Ivoire and CDC-CI Capital have signed a 3 billion FCFA ($4.9 million) financing agreement to support green investment projects
- The deal, signed on January 30, 2025, aims to fund initiatives that reduce greenhouse gas emissions, improve waste management, and protect biodiversity
- This financing will help Ivorian businesses transition to sustainable practices while promoting financial inclusion and economic growth
NSIA Banque Côte d'Ivoire and CDC-CI Capital have signed a 3 billion FCFA ($4.9 million) financing agreement to support green investment projects, particularly in the agro-industrial sector.
The deal, signed on January 30, 2025, aims to fund initiatives that reduce greenhouse gas emissions, improve waste management, and protect biodiversity.
This financing will help Ivorian businesses transition to sustainable practices while promoting financial inclusion and economic growth. The partnership also strengthens CDC-CI Capital’s role in consolidating the financial sector by supporting a key banking institution with strong growth potential.
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Key Takeaways
The agreement underscores NSIA Banque’s commitment to sustainability and SME support. By financing environmentally responsible projects, the bank aligns with Côte d'Ivoire’s broader economic and ecological transition goals. Green financing is gaining momentum in Africa, with financial institutions increasingly backing sustainable projects. NSIA Banque’s focus on financial inclusion and tailored development financing positions it as a key player in Côte d'Ivoire’s evolving banking sector. The collaboration with CDC-CI Capital reflects a growing trend of public-private partnerships aimed at boosting economic resilience through sustainable investments.
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