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Banks' action plan to boost African investment


Jan 21, 2021
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa.
The Joint Action Plan enables both institutions to grow a shared pipeline of bankable projects around key complementary themes to which each institution would bring their comparative advantage.
These themes are: climate action and environmental sustainability; transformative large-scale quality infrastructure investment; ICT infrastructure and services; financial inclusion with a gender lens aimed at the empowerment of girls and women; education and training; and the health sector. ....

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African Development Bank Group (AfDB) / Press release | African Development Bank, European Investment Bank sign Joint Partnership Action Plan to fast-track development in Africa


African Development Bank, European Investment Bank sign Joint Partnership Action Plan to fast-track development in Africa
The Joint Action Plan was developed following an EIB delegation meeting with the African Development Bank in February 2020
ABIDJAN, Ivory Coast, January 21, 2021/APO Group/
The African Development Bank (AfDB) (www.AfDB.org) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa.
The Joint Action Plan enables both institutions to grow a shared pipeline of bankable projects around key complementary themes to which each institution would bring their comparative advantage. ....

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African Development Bank, European Investment Bank sign Joint Partnership Action Plan to fast-track development in Africa


The Joint Action Plan enables both institutions to grow a shared pipeline of bankable projects around key complementary themes to which each institution would bring their comparative advantage.
These themes are: climate action and environmental sustainability; transformative large-scale quality infrastructure investment; Information and Communication Technology (ICT) infrastructure and services; financial inclusion with a gender lens aimed at the empowerment of girls and women; education and training; and the health sector.
The signing comes amid the ongoing COVID-19 pandemic which is increasing poverty across the African continent and threatening markets and livelihoods, heightening the urgency for action.
The agreement was signed by African Development Bank, Acting Senior Vice President Bajabulile Swazi Tshabalala, and Thomas Östros, European Investment Bank Vice President, during a virtual ceremony attended by more than 100 stakeholders from across Africa and Europ ....

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