Browsing: FSD Africa

kenya wintnesing the fastest increase in house prices in 11 years

The train is among the most efficient and least polluting modes of transportation, according to the International Energy Agency (IEA). Trains account for only 0.3 per cent of total global emissions, whereas aviation accounts for 2 per cent.

Even though transportation accounts for a significant portion of green bond issuances worldwide (twenty per cent of all green bonds issued worldwide), this sector is still grossly underrepresented in total distributions in Africa (less than one per cent).

This project is an example of how addressing infrastructure difficulties and providing a friendly solution to the environment may be accomplished through utilising a capital market instrument known as a Green Bond.

This initiative is one of the avenues FSD Africa is considering to bring about the change and demonstrate to other prospective issuers and investors the practicability of the green bond labelling procedure.…

Nigeria is set to benefit from renewable energy financing programmes worth $4.5 million by the FSD Africa Investments (FSDAi).

FSD Africa

Established in 2012 and supported by UK aid, FSD Africa is a specialist development agency working to build and strengthen financial markets across sub-Saharan Africa.

FSD Africa is incorporated as a non-profit company limited by guarantee in Kenya. It is funded by UK aid from the UK government.

Poverty eradication

The organization works to reduce poverty through a ‘market systems development’ approach with an aim to address the structural, underlying causes of poverty by improving how financial market systems function.

The FSDAi, is investing $4.5 million in Nithio FI, a renewable energy financing intermediary focused on the Pay as You Go (PAYG) off-grid solar sector.

The intermediary provides renewable energy solutions for households and small businesses in Nigeria, Kenya and Uganda.

Renewable off-grid energy

Over the next five years, …