Italy’s National Promotional Institution CDP and African Development Bank to invest €400 million in Africa’s Private Sector Growth.

August 6, 2024 AELEX Admin 0 Comments

Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank Group plan to jointly invest up to €400 million over five years, to boost the continent’s private sector growth through the newly established Growth and Resilience Platform for Africa (GRAf). Under the new collaboration, both financial institutions will support the continent’s economic growth through targeted strategic projects, promote the exchange of information among stakeholders, and facilitate joint investment opportunities..Read More

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