in Short
EIB : investment in IPAE 3 Fund to support african enterprises
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The European Investment Bank (EIB) has invested $15.7 million in the IPAE 3 fund, managed by Investisseurs & Partenaires (I&P). This fund supports high-growth African businesses in key sectors such as agriculture, health, energy, and industry, aiming to create over 4,000 direct jobs, 40% of which will be reserved for women. The project is part of the 2X initiative, promoting female entrepreneurship in West Africa and Madagascar.