Source: Afreximbank |

Afreximbank, Cassa Depositi e Prestiti S.p.A (CDP) sign Memorandum of Understanding (MoU) for €200-million facility to support food security interventions across Africa

The new financing from CDP will be used to provide support, either directly to eligible African enterprises, or indirectly through local financial intermediaries

The financing will support the Bank’s interventions in food security and climate smart agriculture; The two also signed an MoU to enhance cooperation between Italian and African companies. Cassa Depositi e Prestiti S.p.A (CDP) Italy, the official Italian financial institution for international development cooperation and Africa Export-Import Bank (Afreximbank) have…