West Africa - African Development Bank, Ecowas Bank for Investment and Development Sign Loan Agreement for $50 Million and €50 Million to Enhance Regional Food Security

EBID President George Donkor and AfDB Vice president Solomon Quaynor signed an agreement in Abidjan to support agricultural businesses in West Africa

Dr. Donkor said,"This credit facility illustrates EBID's continued efforts to mobilise adequate resources to honour its commitment to the region's transformation agenda through supporting and investing in key sectors, in this case, the agribusiness industry." This aligns with EBID's strategic aim to support local businesses, particularly small and medium-sized enterprises , local business cooperatives, and farmers in West Africa. The credit lines are expected to strengthen food security, economic growth, and employment generation.

Remarks By Secretary-General Vincent Nmehielle, Signing Ceremony of the Memorandum of Understanding On the 2024 Annual Meetings, Nairobi

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

African Development Bank and Interpeace Join Hands to Promote Peace Finance in Africaitemprop=description content=Press Release - ( l-r ) AfDB Vice-President Marie Laure Akin -Olugbade and Elhadj As Sy, member, Interpeace Governing Board; Abidjan, Tuesday 03 October 2023
Source: allafrica - 🏆 1. / 99 Read more »