Weighing Up Climate-Smart Agriculture Potential of Kenya, Ivory Coast, Nigeria, South Africa
There’s a sense of urgency to accelerate investment in Africa, to make energy more accessible and infrastructure more resilient as climate change threatens to undermine developmental gains and stifle growth on the continent, according to Washington, D.C.-based International Finance Corporation.
A member of the World Bank Group, IFC is the largest global development institution focused exclusively on the private sector in developing countries.
Depreciation of several currencies and rising inflation have made investing in some parts of Africa more challenging, according to a recent IFC report,
The report, entitled “Climate Investment Opportunities In Emerging Markets,” identifies four African countries that IFC says have potential for climate-smart investment: Côte d’Ivoire, Kenya, Nigeria, and South Africa.
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