Low-carbon economy
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GREEN FINANCE
A Europe Tour Puts Kenya’s Green Economy Ambitions Before Investors
President William Ruto has begun a three-country European tour as Kenya steps up efforts to attract capital into sectors tied to energy transition, manufacturing and technology. The visits to Belgium, Norway and Finland place investment promotion at the centre of Kenya’s diplomatic agenda at a time when governments across Africa are competing for international financing linked to climate and industrial…
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NEWS
Victoria Commercial Bank Secures $7.5M Green Financing Facility to Support SMEs’ Low-Carbon Transition
Victoria Commercial Bank PLC (VCB) has announced the successful closure of a USD 7.5 million green financing facility with Symbiotics, a leading global platform for impact investing. The facility, funded through the BII Green Basket Bond, a partnership with British International Investment (BII), the UK’s development finance institution, will be dedicated exclusively to financing eligible green projects across Kenya. The…
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