African Local Currency Bond Fund Technical Assistance Facility - Grant

£700K GBP

Funder	FSD Africa
Recipient Organization	Estera Trust (Mauritius) Limited] (as Trustee of the ALCB Fund TA Facility Purpose Trust)
Country	Global
Start Date	Mar 03, 2019
End Date	Mar 08, 2024
Duration	1,832 days
Number of Grantees	1
Roles	Implementing
Data Source	IATI Dataset
Grant ID	`KE-RCO-155081-ALCBF-Grant`

Grant Description

The core objective of the TAF is to support the activities of the ALCB Fund.

This is achieved through (Objective A) direct support for Issuers to cover transaction costs and enhanced market standards; and (Objective B) initiatives aimed at broader market development and so to improve the investment environment for the ALCB Fund to deploy capital. There were 3 amendments made to the grant thus the original end date of 3rd October 2019 was extended.