Tag: African Development Bank

Empowering Nations: EU Commits €150 Billion Investment in Africa-EU Global Gateway

Posted on by Haptic

On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised a new Financial Framework Partnership Agreement to boost investments in infrastructure projects in Africa.The European Union’s contribution to co-finance operations with the African Development Bank has significantly increased over the last two years, now amounting Read more about Empowering Nations: EU Commits €150 Billion Investment in Africa-EU Global Gateway[…]

Africa-Europe Alliance: two guarantees one goal: more investment in partner countries

Posted on by Haptic

2019 Africa Investment Forum in Johannesburg, South Africa, the European Commission signed two guarantee agreements with two Member States’ development finance institution: the Dutch ‘Financierings-Maatschappij voor Ontwikkelingslanden N.V’ (FMO) and the Italian ‘Cassa Depositi e Prestiti’ (CDP). These guarantee agreements are part of the implementation of the EU External Investment Plan, the financial arm of Read more about Africa-Europe Alliance: two guarantees one goal: more investment in partner countries[…]