Team Europe launches new funding envelope to support economic growth in African, Caribbean and Pacific countries

This article is brought to you in association with the European Economic and Social Committee.This article is published in association with European Investment Bank. The European Investment Bank (EIB Global) has signed agreements with seven EU Member States pledging just over €74 million to a new envelope under the ACP Trust Fund. This funding will promote inclusive and sustainable economic growth and human development, especially in least developed countries and fragile states in Africa, the […]

Food security: EU contributes €100 million to IMF’s Poverty Reduction and Growth Trust to support vulnerable African, Caribbean and Pacific countries

This article is brought to you in association with the European Commission. Today, the EU signed a €100 million grant agreement (about US$97.2 million) for the International Monetary Fund’s (IMF) Poverty Reduction and Growth Trust (PRGT). These funds will allow the IMF to make about €630 million worth of zero interest loans for PRGT-eligible African, Caribbean […]
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