European DFIs plan for billion-dollar bailout to save jobs in Africa

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Development Finance Institutions (DFIs) in Europe aim to launch an emergency liquidity facility focusing on African firms hit by the coronavirus pandemic. Investors and researchers say that without this lifeline, much of what the private sector has achieved in Sub-Saharan Africa over the last two decades could be lost.

Source: Development Today (Published on April 24, 2020)

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