EIB opens up its coffers to help the continent cope with Covid-19
Immediately falling into line with its counterparts, the development institution has set up credit lines for the African private sector, with amounts reaching hundreds of millions of dollars.
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▪ EIB opens up its coffers to help the continent cope with Covid-19
▪ Immediately falling into line with its counterparts, the development institution has set up credit lines for the African private sector, with amounts reaching hundreds of millions of dollars.
▪ https://www.africabusinessplus.com/en/804126/face-a-la-crise-covid-19-la-bei-ouvre-les-vannes-sur-le-continent/
For the time being, the experts at the European Investment Bank (EIB) have released €350m for the continent. Following the example of several development institutions, the Luxembourg-based organisation is opening up its coffers and getting ready to inject massive amounts of funds to support private sector companies in Africa.
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