IFC, Shell Foundation Invest in responsibility Fund to Support Access to Energy in Africa, Asia – April 1, 2015

IFC, a member of the World Bank Group, announced in a press release published on April 1, 2015 that “IFC and Shell Foundation will invest in a new investment fund dedicated to providing financing to manufacturers and distributors of modern off-grid energy solutions, primarily in Africa and Asia. Launched by responsAbility Investments AG, an independent Swiss asset manager specializing in development investments, the fund will be complemented by a technical assistance facility supported by the Swiss State Secretariat for Economic Affairs (SECO).”

You may read the press release on the news & multimedia page of the IFC internet site.