Bank & Insurance
Medef conducting a low-key campaign with the EIB in Africa

Medef conducting a low-key campaign with the EIB in Africa

The Africa committee of the French employers’ federation is pushing for French companies to get a larger share of the benefits of European funding in Africa.

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            ▪ Medef conducting a low-key campaign with the EIB in Africa

▪ The Africa committee of the French employers’ federation is pushing for French companies to get a larger share of the benefits of European funding in Africa.

http://www.jeuneafriquebusinessplus.com/en/800291/medef-conducting-a-low-key-campaign-with-the-eib-in-africa/

12/11/2019 at 18h07, by Jeune Afrique Business+

Could financing from the European Investment Bank (EIB) in Africa bring greater rewards to companies in Europe, and particularly in France? The French employers’ federation (Mouvement des entreprises de France Medef International), headed since 2015 by Philippe Gauthier, certainly believes so. The EIB, chaired by Germany’s Werner Hoyer, seconded by France’s Ambroise Fayolle, a graduate of the école nationale d’administration whose portfolio includes sub-Saharan Africa, and Spain’s Emma Navarro (who focuses on North Africa), approved €3.3bn ($3.6bn) to fund projects in Africa in 2018 alone.

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