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“The EU is committed to boosting agri-business investments, strengthening livelihoods and creating sustainable jobs in rural areas, especially among traditionally under-served communities. The ABC Fund will help us achieve this, said Commissioner Neven Mimica today.
The Commissioner was in Rome today for the launch of the new Agri-Business Capital (ABC) Fund, which will help deliver on the Africa-Europe Alliance for Sustainable Investments and Jobs.
€ 45 million from the EU + € 5 million of Luxembourg Government and €5 million from Africa Green Revolution Alliance are expected to leverage more than € 200 million in investments to benefit up to 700 000 households in rural areas !
Read more : Press Release