Swedfund Provides $20 Million Loan to AfricaGoGreen Fund

Swedish development finance institution Swedfund has committed a $20 million loan to the AfricaGoGreen Fund as part of an effort to increase financing for energy-efficiency and emissions-reduction businesses operating across Africa. The fund, which is managed by Cygnum Capital , provides financing to companies involved in areas such as energy-efficient buildings, clean cooking, green transportation and industrial energy efficiency. The transaction is structured as debt rather than an equity inve