Swedfund finances floating solar plants study in Uganda

UGANDA – Sweden is providing a grant to conduct analytical studies for the development of floating solar power in Uganda. These plants will be built in the reservoirs of several dams and the project is already subject to a call for tenders. This comes after the Governments of Uganda and Sweden signed a Memorandum of Understanding around several initiatives meant…

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Interact Climate Change Facility secures US$60m from FMO, OeEB and Swedfund

AFRICA – FMO, OeEB and Swedfund have agreed to invest €50 million (US$60.38m) to the Interact Climate Change Facility (ICCF), a co-financing facility providing financing to climate-related investments in emerging markets. FMO, a Dutch development bank, will commit €20 million (US$24.15m) while OeEB, the Development Bank of Austria, will provide €15 million (US$18.11m) and Swedfund, a Sweden’s Development Finance Institution,…

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