Bank & Insurance
Enda Tamweel secures mixed funding from IFC ($20m)

Enda Tamweel secures mixed funding from IFC ($20m)

The Tunisian MFI is planning to grow its investments in renewable energies.

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            ▪ Enda Tamweel secures mixed funding from IFC ($20m)

▪ The Tunisian MFI is planning to grow its investments in renewable energies.

http://www.jeuneafriquebusinessplus.com/en/805830/enda-tamweel-secures-mixed-funding-from-ifc-20m/

19/10/2020 at 16h22, by Valentin Grille

In detail, IFC’s line of credit will consist of a senior loan of $10m from the IFC itself and another of the same amount from the multilateral Clean Technology Fund (CTF). Both loans have a duration of five years, including a two-year grace period.

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