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December 18, 2020
African Development Bank Group Approves EUR400 million Lusophone Compact Guarantee program to boost private sector development The new Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries ABIDJAN, Ivory Coast, December 18, 2020/APO Group/ -- The Board of Directors of the African Development Bank (www.AfDB.org) Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Com...
December 18, 2020
The Board of Directors of the African Development Bank (www.AfDB.org) Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up to EUR400 million. The new Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries. The program is designed for new non-sovereign operations (“NSOs”) in the Lusophone countries of Africa, notably A...
December 18, 2020
Content provided by Last updated: 18/12 - 16:10 The Board of Directors of the African Development Bank (www.AfDB.org) Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up to EUR400 million. The new Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries. The...