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.
▪ https://www.africabusinessplus.com/en/805830/enda-tamweel-secures-mixed-funding-from-ifc-20m/
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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