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Africa

U.N. Launches Fund to Foster Cheaper Loans, Green Development for Africa

4 years

The United Nations, on Wednesday, November 3, 2021, launched a new finance mechanism aimed at saving African governments $11 billion in borrowing costs in the next five years while fostering greener investments and sustainable development. The U.N. Economic Commission for Africa (UNECA) launched the Liquidity and Sustainability Facility (LSF) at COP26, the global climate conference […]

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