Sweden’s International Development Cooperation Agency (Sida)

NEWS

I&M Bank and Sweden’s Sida Seal $30 Million Green Finance Deal

I&M Bank has secured a USD 30 million green lending facility backed by a guarantee from Sweden’s International Development Cooperation Agency (Sida), in what the bank is calling a significant step in expanding climate-aligned financing across Kenya. The partnership, formalised at a signing ceremony in Nairobi on Wednesday, is structured around a USD 15 million guarantee from Sida, with a…