'The role of the European Investment Bank' from The Courier ACP-EU

In this article, the author explains how the European Investment Bank (EIB) contributes, in ACP (African, Caribbean and Pacific) countries, not only to the development of the public sector by financing major infrastructure projects, but also to the development of the private sector. Typically, EIB operations in support of the private sector consist of lines of credit for small and medium enterprises, allocated through local banks. In this way, the EIB participates in a structured process of cooperation and competition in which the public sector and the private sector complement each other.

Source and copyright

Source: The Courier ACP-EU. September-October 1997, n° 165. Brussels: Commission of the European Communities.

Copyright: ACP-EU Courier
Reproduction authorised subject to indication of origin.

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