TOKYO -- Japan will encourage companies to pursue decarbonization projects in Africa through a new financing and insurance framework designed to mitigate potential risks of doing business on the continent.
State-backed NEXI to partner with Afreximbank to spur energy transition
A solar power project in Burkina Faso. NEXI's credit insurance will cover the development of renewable energy, as well as transition projects. © Reuters
TOKYO -- Japan will encourage companies to pursue decarbonization projects in Africa through a new financing and insurance framework designed to mitigate potential risks of doing business on the continent.