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Green businesses in demand, to get low-interest loans

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The French Agency for Development (FAD) in collaboration with Business Mauritius is encouraging existing businesses and entrepreneurs as well as individuals to come up with “green business ideas” in a bid to reduce carbon emissions.

The FAD said it wants to promote businesses with higher energy efficiency and to boost the use of renewable energy and eco-friendly vehicles.

The FAD will offer low-interest loans through local commercial banks to such projects.

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