The African Development Bank and the European Union shook hands on a renewed commitment to unlock hundreds of millions in financing for African infrastructure and development needs.
Collaboration between the two institutions would focus on de-risking the business environment in Africa, providing equity, guarantees and other types of non-grant support, African Development Bank President Akinwumi and European Union Commissioner Neven Mimica said at a news conference held Monday, on the sidelines of the Africa Investment Forum. […]
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