Signing of Subscription Agreement for Africa Climate-Tech Start-up Investment Promotion Project in Sub-Sahara Africa Region (Private Capital Mobilization Financing) : First project under JICA's new bl
Japan, March 11 -- On March 9, the Japan International Cooperation Agency (JICA) signed an agreement with the Persistent Africa Climate Venture Builder Fund, LP (Persistent ACV Fund), for the Africa Climate-Tech Start-up Investment Promotion Project under the Private Sector Investment Finance scheme.This project is a co-investment project with development finance institutions and private investors, including African Development Bank (AfDB), Nordic Development Fund (NDF), FSD Africa Investments (FSDAi), and Impact Fund Denmark (IFDK).InvesteePersistent Africa Climate Venture Builder Fund, LPCountry (Target Areas)Sub-Sahara AfricaCommitment Amount10 million USD (5 million in Junior Tranche and 5 million in Catalytic Tranche)Project TitleAfric...
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