Select Page

The Canada-African Development Bank Climate Fund (CACF), dedicated to backing gender-affirmative climate change initiatives in Africa, has sanctioned $36.3 million for two private sector ventures fostering climate adaptation in the continent. This funding includes $18.3 million allocated for the enhancement of Port Autonome de Cotonou in Benin and another $18 million to aid the construction of three seawater desalination plants as part of the Green Investment Program of the OCP Group, provided as concessional loans to the private sector companies involved.

Read the original article here: https://afdb.africa-newsroom.com/press/canada–african-development-bank-climate-fund-approves-363-million-in-support-to-climate-adaptation-on-the-continent?lang=en