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Europe Daily Bulletin No. 8851

18 December 2004
Contents Publication in full By article 41 / 45
GENERAL NEWS / (eu) eu/eib
EUR 54.6 million loan for financial sector in Africa

Luxembourg, 17/12/2004 (Agence Europe) - In the last five years alone the Bank has provided loans and risk capital totalling EUR 2.4bn for investement in sub-Saharan Africa. Under the Cotonou Partnership Agreement it is mandated to channel up to EUR 3.9 billion long-term investment (loan and risk capital) finance to ACP projects, as part of a strategy to encourage the development of the private sector investment or to private sector enabling projects in the public sector, complementing EU...

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