The EIB plans to invest €4 billion across Africa in 2020, up a third from 2019
This is €1 billion more than the total amount of loans granted in Africa annually in 2018 and 2019 by the European Investment Bank (EIB), the publicly owned financial institution of the EU’s 27 member states.
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▪ The EIB plans to invest €4 billion across Africa in 2020, up a third from 2019
▪ This is €1 billion more than the total amount of loans granted in Africa annually in 2018 and 2019 by the European Investment Bank (EIB), the publicly owned financial institution of the EU’s 27 member states.
▪ https://www.africabusinessplus.com/en/803119/the-eib-plans-to-invest-e4-billion-across-africa-in-2020-up-a-third-from-2019/
The money should be used to finance infrastructure projects to foster private sector growth and create jobs as well as encourage climate-related and sustainable development investments, explained the EIB, which is co-hosting Africa Day 2020 with UN-Habitat this Thursday in Dakar, Senegal.
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