Representatives from the EIB met together with financial partners from the African, Caribbean and Pacific countries (ACPs) to discuss the importance of supporting developing countries through investing in equity funds in ACP economies.
The event gave participants the chance to hear and ask questions about some of the major projects the EIB is undertaking in the ACP region, for example, developing a partnership with Adenia Partners who are working to invest in companies in sub-Saharan Africa, ensuring they prosper through financing and advice. There was also an opportunity to network and hear from experts in the EIB Equity Unit.
The EIB has been working in the ACP region for over 50 years, endeavouring to generate long-term private sector-led sustainable economic growth through job creation and improved access to productive resources. The Bank also supports public sector infrastructure projects that are vital to underpin private sector development and create a thriving business environment, particularly for SMEs, which are the foundation of developing countries’ economies.