Fondation Grameen Crédit Agricole has received a loan of the CFAF equivalent of EUR 12m from the EIB in support of the development of microfinance in West Africa. This local currency loan provides genuine recognition for the Foundation, which will be able to extend its influence in Africa.
The European Investment Bank (EIB), represented by Vice-President Ambroise Fayolle, and the Government of Benin, represented by Minister of State for Planning and Development Abdoulaye Bio Tchané, signed a EUR 50m loan agreement today in Paris. This is the EIB's contribution to Cotonou's stormwater management programme.
The European Investment Bank (EIB) attended the G5 Sahel Partners and Donors Coordination Conference that took place on Thursday 6 December 2018 in Nouakchott. The aim of this international meeting was to support the security and development strategy (SDS) adopted by the G5 Sahel in 2016. The Priority Investment Programme (PIP) implemented from the SDS includes 40 structural projects totalling EUR 2bn, 13% of which has already been secured by the Member States.