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Eastern Africa

EIB Funds Food Security And Power Projects In Madagascar

The EIB has committed €30 million to the two initiatives.


By Liz Bains
The European Investment Bank (EIB) has agreed a €20 million (US$21.9 million) loan to fund the development of an agri-processing industrial complex and the construction of a fisheries collection centre in Madagascar. The loan has been granted to Sahanala, a social enterprise working in agriculture and fishing in Madagascar, and aims

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