Description
Aligned with the Global Gateway Africa-Europe Investment Package, CITYRIZ enables local governments to invest in sustainable infrastructure areas such as waste management, water and sanitation, and transport, as well as public services, to serve socio-economic objectives such as poverty reduction. The guarantee helps domestic financial institutions in Sub-Saharan Africa to better serve local governments with an increased or first access to private financing, higher loan amounts, longer maturities and reduced borrowing rates. Eligible banks or local financial institutions in Sub-Saharan Africa provide loans to local governments benefiting from a partial guarantee extended by the Agence Française de Développement (AFD).
How can private investors get involved?
If you are an investor looking to invest in sustainable infrastructure in Sub-Saharan Africa, we recommend getting in touch with the AFD.
Contact: jacquesoafd [dot] fr (jacqueso[at]afd[dot]fr), harbonncafd [dot] fr (harbonnc[at]afd[dot]fr)
About Agence Française de Développement
The Agence Française de Développement (AFD) Group funds, supports and accelerates the transitions to a fairer and more sustainable world. Focusing on climate, biodiversity, peace, education, urban development, health and governance, their teams carry out more than 4,200 projects in France’s overseas departments and territories and another 150 countries.
Press release: Le groupe AFD et la Commission européenne collaborent pour soutenir les investissements publics et privés en Afrique