EIB Global and First City Monument Bank Join Forces to Support Private Sector, Sustainable Agriculture
5 Articles
5 Articles
EIB Global and First City Monument Bank join forces to support private sector, sustainable agriculture
The European Investment Bank Group’s international development arm, EIB Global, and First City Monument Bank (FCMB) have announced the financing totalling €85 million to support private-sector companies across agricultural value chains in Nigeria. At least 70% of the financing will target cocoa and dairy value chains. The announcement was made during the Annual Meetings of […] EIB Global and First City Monument Bank join forces to support privat…
EIB Global, FCMB seal €85m deal to boost Nigeria’s cocoa, dairy sectors
The operation is EIB Global’s first investment covering the dairy sector outside the European Union and is fully aligned with Nigeria’s development objectives in sustainable agriculture and inclusion as well as environmental and social standards (ESS).
The dream comes true: at last the new norm regarding the agricultural financings and for the fishing at reduced rate for the purchase of stocks and for the credit of exercise becomes reality.
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