Agriculture: funding of 26 million euros for Senegal and Ivory Coast

The Compagnie Financière Africaine (COFINA) in Côte d'Ivoire and Senegal and the EIB today signed a memorandum of understanding with the support of the European Commission to strengthen the development of sustainable agricultural value chains. The agreement provides for the deployment of long-term EIB financing by COFINA Côte d'Ivoire and COFINA Senegal, for 16 and 10 million euros respectively, with the assistance of the European Fund for Sustainable Development Plus (EFSD+). Around 6,000 SME jobs will be supported.

Source: Africa News Agency