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World Bank Approves First Sustainability-Linked Bond for Rwanda to Boost Private Capital Mobilization

The World Bank’s Board of Directors approved an additional credit of $100 million in International Development Association* (IDA) financing to support Rwanda in increasing access to finance and supporting businesses' recovery and resilience in the post-pandemic period. The additional finance will scale up investments under the Access to Finance for Recovery and Resilience project by providing financial relief, risk-sharing instruments, and long-term sources of funding to businesses. […]