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European Fund for Sustainable Development

EU to generate €10 bln in investment in Africa and the EU Neighbourhood and stimulate global recovery

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The FINANCIAL — On 12 November, the European Commission took a major step forward in boosting investment in Africa and the EU Neighbourhood, helping to stimulate global recovery from the pandemic, by concluding ten financial guarantee agreements worth €990 million with partner financial institutions that complete the European Fund for Sustainable Development (EFSD), the financing…