African Development Bank and ICIEC Partner to Support Financing of ESG Projects in Cote D'Ivoire With EUR 194 Million Insurance Support
In this landmark collaboration, ICIEC has provided an insurance capacity of
The facility will be used to finance a range of eligible environmental and social projects, including renewable energy, education, pollution prevention and control, terrestrial and aquatic biodiversity conservation, health infrastructure, as well as sustainable use of water and wastewater management, in accordance with
The transaction marks a significant step by
"We are delighted with the closing of this risk participation with ICIEC, a member of the Africa Co-Guarantee Platform housed at the
About
ICIEC commenced operations in 1994 to strengthen economic relations between OIC Member States, promote intra-OIC trade, and facilitate investments by providing risk mitigation tools and financial solutions. The Corporation is uniquely the only Islamic multilateral insurer in the world. It has delivered a comprehensive suite of solutions and services to the public and private in its 49 Member States and globally. The products' suite includes Documentary Credit Insurance Cover, Credit Insurance Cover,
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