Kenya and the Zambezi Basin region will receive US$96 million from the Climate Investment Funds (CIF) to support nature-based solutions for sustainable development. The funding, part of CIF’s Nature, People and Climate (NPC) programme, is expected to generate US$771.5 million in co-financing and drive private-sector engagement in ecosystem restoration, forest rehabilitation and biodiversity conservation.
Kenya will receive US$35.66 million from the CIF and an additional US$108 million in co-financing. The investment will focus on protecting wildlife and indigenous communities, particularly in the Lake Victoria South and Ewaso Ng’iro North regions. Implemented by the African Development Bank and the World Bank Group, the…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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