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Thursday, 12 October 2017

EU Commission: Ethiopian companies to benefit from EIB backing for USD 100m private equity fund

Ethiopian companies to benefit from EIB backing for USD 100m private equity fund

The EIB will support private equity investment across Ethiopia though support for the new USD 100m Cepheus Growth Capital Fund. The EIB's USD 10 million participation represents the first backing for an Ethiopia focused fund and one of the first engagements with a single country private equity fund in Africa by Europe's long-term lending institution.

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A new boost for the service economy needs to take cities and regions on board
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Broadband Platform: Cities and regions join forces with the Commission to narrow the digital divide
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EU can do more to reduce impact of earthquakes on buildings
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Joint Statement by Commissioner Günther H. Oettinger and Commissioner Věra Jourová on the Council's agreement to set up the European Public Prosecutor

European Commission - Statement Brussels, 12 October 2017 We welcome today's agreement of the Council to set up the European Public Prosecutor's Office. With 20 Member States joining, we will have a strong, independent and efficient body to fight transnational crime against the EU budget and cross-border VAT fraud.

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