CORRECTION - Ninth Tokyo International Conference on African Development (TICAD9): Japan International Cooperation Agency and African Development Bank sign agreement to extend Enhanced Private Sector Assistance initiative for $5.5 billion
The EPSA non-sovereign operations component helps finance the Bank’s private sector operations through a line of credit from JICA to the Bank on concessional terms
The Japan International Cooperation Agency (JICA) and the African Development Bank (www.AfDB.org) on Thursday signed a Memorandum of Understanding launching the sixth phase of the Enhanced Private Sector Assistance (EPSA6) agreement, which provides a framework for critical resource mobilization and development partnership for African countries. Under EPSA6, the Bank and…