INTERNATIONAL FINANCE CORPORATION

Cameroon’s SMEs Benefit from Reduced Loan Rates Amid Rising Borrowing Costs

March 20, 2025March 20, 2025 - by Ravi Patel - Leave a Comment

The average bank loan rate in Cameroon decreased to 8.29% by Q3 2024, largely due to lower rates for SMEs. While individual borrowers faced rising costs, SMEs enjoyed substantial reductions …

Technology

Financing Biodiversity: Colombia’s Innovative Approach to Sustainable Development

March 20, 2025March 20, 2025 - by Liam O'Sullivan - Leave a Comment

Colombia, possessing an extraordinary wealth of biodiversity, is enhancing its climate finance strategy to include biodiversity financing through innovative instruments like biodiversity bonds. Backed by the World Bank Group, efforts …