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IFU facility has signed its first two guarantees

Business December 20, 2024

A new guarantee scheme managed by the Danish development finance institution IFU is now fully operational. Its first undertaking was a USD 100 million guarantee for the Asian Development Bank’s (ADB) climate financing initiative IF-CAP, which aims to raise more than USD 11 billion. The second one supports lending to small and medium-sized companies in Rwanda. 

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