Europe’s review of EIB and EBRD veers toward status quo

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By Jean Comte, Jon Hay
22 Apr 2021

The long-running debate in the European Union about how to optimise its development finance effort and strengthen its role in sub-Saharan Africa is tending towards the most basic of the possible options: closer collaboration between the European Investment Bank and the European Bank for Reconstruction and Development.

GlobalCapital has seen a leaked draft, dated April 14, of the executive summary of the final report of the Council of the EU’s ‘Feasibility study on options for strengthening the future European Financial Architecture for Development’.

It was commissioned in December 2019 after the Council received the report ...

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