EU to facilitate financing for small businesses in Africa and the European Neighbourhood

EU to facilitate financing for small businesses in Africa and the European Neighbourhood

Photo source: Modern Diplomacy

The European Commission makes available €4.2 million under the External Investment Plan to help banks in Africa and the European Neighbourhood to better assist underfinanced sectors such as small businesses, including young entrepreneurs and women.

Commissioner for International Cooperation and Development, Neven Mimica, is signing this support agreement today in the margins of the World Bank Spring meetings in Washington.