Abidjan - Cassa Depositi e Prestiti and the African Development Bank will invest up to 400 million euros over the next five years to support the growth of the African private sector through the Growth and Resilience Platform for Africa.

Through this new collaboration, Cassa Depositi e Prestiti (CDP) and the African Development Bank will support the continent's growth through targeted initiatives on strategic projects, fostering information exchange among local actors and facilitating joint investment opportunities. The new platform aims to accelerate the implementation of new initiatives promoted by the private sector in the continent, creating a single access point for investment opportunities.

The invested resources, which can reach 200 million euros from each institution, will be channeled into the African economic fabric through funds operating in three main areas: food security, growth of local SMEs, and sustainable infrastructure. The GRaF platform aims to mobilize an additional 350 million euros, reaching a total of 750 million euros, allowing future investors to gain new insights into the African private sector and share investment opportunities in funds operating on the continent. The platform will generate significant indirect effects, creating jobs and improving essential products and services in Africa. (9colonne)