(IN BRIEF) The European Investment Bank, via EIB Global, has invested $80 million in RMBV North Africa Fund III to support private sector growth in Egypt and across North Africa. The fund is expected to mobilise over $300 million, targeting … Read the full press release
Posted in Banks, Business, European Union, Financial, Internet & Online, Investment, Luxembourg, News
Tagged Ahmed Badreldin, consumer goods sector, education sector, EIB Global, EIB Investment Strengthens Private Equity Support for High-Impact Sectors in Egypt, EU Egypt cooperation, European Investment Bank, Gelsomina Vigliotti, gender equality investment, Global Gateway, healthcare investment, job creation, North Africa investment, private equity Egypt, private sector development, Rania Al Mashat, RMBV, RMBV North Africa Fund III, RMBV North Africa Fund III Secures EIB Investment to Drive Growth and EU–Egypt Integration, sustainable growth, Team Europe, women led enterprises
(IN BRIEF) The EBRD, in cooperation with the European Union, is providing a €10 million financing package to OTP Bank Moldova under the EU4Business–EBRD Credit Line to support lending to micro, small and medium-sized enterprises. The programme will help Moldovan … Read the full press release
Posted in Banks, Financial, Industrial, Infrastructure & Utilities, Investment, Moldova, Small Business, Technology, United Kingdom
Tagged Business Financing, EBRD, economic resilience, energy efficiency, EU market integration, EU4Business-EBRD credit line, European Bank for Reconstruction and Development, European Union, green investments, investment grants, MOLDOVA, MSMEs, OTP Bank Moldova, OTP Bank Moldova Secures EU4Business–EBRD Funding to Expand Lending to Local Enterprises, private sector development, SMEs, sustainable growth, Technical Assistance
(IN BRIEF) The EBRD is providing a €25 million loan to Tegeta Motors to support the expansion of its new service centre near the GEZI customs zone in Tbilisi, enhancing capacity along a key transport corridor in Georgia. The project, … Read the full press release
Posted in Automotive, Banks, Education, Financial, Industrial, Infrastructure & Utilities, Investment, Technology, United Kingdom
Tagged Alkis Vryenios Drakinos, corporate governance, East West corridor, EBRD, EBRD Backs Tegeta Motors Expansion to Boost Georgia’s Automotive Industry and Vocational Standards, Ekaterine Kavtaradze, European Bank for Reconstruction and Development, Georgia automotive industry, GEZI service centre, private sector development, regional automotive hub, service centre expansion, Tbilisi, technical cooperation, Tegeta Academy, Tegeta Motors, vocational training
(IN BRIEF) The EBRD is lending the equivalent of US$ 7 million in local currency to Azerbaijani furniture maker Saloğlu to finance new equipment for its Agstafa plant and upgrades to its retail network. Established in 2000, Saloğlu produces a … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Retail, Small Business, Technology, United Kingdom
Tagged Agstafa production facility, Azerbaijan investment projects, Azerbaijani furniture manufacturer, Baku warehouse, EBRD, economic diversification, EU funding, European Bank for Reconstruction and Development, furniture retailer, international furniture brands, local currency loan, partnership, private sector development, retail store refurbishment, Saloğlu, small business advisory, Small Business Impact Fund
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