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Thursday, 13 September 2012

EU-funded study to address gaps in existing financing methods

With the aim of examining the feasibility of opening trade and investment bank to service its 79 members ('the ACP Bank for International Trade and Investment', BITI) , the ACP Secretariat has launched an extensive study. The project is intended to address gaps in existing financing methods which prevent valid projects from being realised.
The EU-funded study will run from June until December. It will be carried out by a team of experts who will analyse financing gaps, conduct a market survey in ACP regions, and propose an implementation framework for the bank.

Source: ACP