EIB Global and Bank of Industry (BOI) strengthen partnership to support the private sector and sustainable agriculture
Nigeria, March 25 -- Today, on the sidelines of the Nigeria-EU Ministerial Summit in Abuja, EIB Global, the development arm of the European Investment Bank (EIB), and the Bank of Industry (BOI) announced the EUR 85 million financial agreement to support private sector companies across the agricultural value chains, including cooperatives, and MSMEs. At least 70% of the loans will target cocoa and dairy value chains.The announcement was made in Abuja in the presence of EIB Head of Unit, Mrs Svetla Stoeva, Managing Director/CEO BOI, Dr. Olasupo Olusi, His Excellency, the Honourable Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, the Ambassador of European Union in Nigeria and ECOWAS, Mr Gautier Mignot.The financing is...
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