African Development Bank Group Approves EUR400 million Lusophone Compact Guarantee program to boost private sector development

The Board of Directors of the African Development Bank Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up to EUR400 million. The new Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries. […] Read More