BpiFrance and CDC launch a €20 million investment fund
Monday, 08 February 2016 11:14
Banque publique d’investissement (BpiFrance), a French funding and development institution, and Caisse tunisienne des dépôts et consignations (CDC) launched on February 5th, a French-Tunisian private equity fund named “Co-Localisation” that aims to support SMEs in both countries.
This fund was allocated €20 million, provided through the equal participation of BpiFrance and CDC.
“The fund aims to boost the activity of SMEs in France and Tunisia, promote innovation, develop sales exports and create stable jobs with added value in both countries,” BpiFrance said in a statement published on its website.
Sectors targeted here include ICT, health, pharmacy, education, agro-food industries, manufacturing, mechanics and electronics, transport and logistics, tourism, entertainment and renewable energies.
Live News
-
Shell Buys South Africa Basin Stake as Court Order Halts Work on Another Block
11:22
-
Mali, Without a National Airline Since 2012, Aims for a 2026 Relaunch
11:06
-
ECOWAS Launches $12.8M Dairy Offensive to Cut West Africa’s Imports
10:56
-
Washington's New Strategic Play in Central Africa Reshapes Control of Critical Minerals
10:53
-
Cameroon’s Chamber of Agriculture Strengthens Cocoa Value Chain with Local Processing Training
10:34
-
Shippers’ council announce Commonwealth investors expected to visit Cameroon in February 2026
10:23
-
Cameroon’s Medusa Cable Link Could Cost the State Nearly CFA32.8bn
08:05
-
Sonara Estimates 75% of Damaged Equipment Recoverable After 2019 Fire
07:41
-
Norbert Haguma Deploys Asset-Financing Solution for Rwandan Drivers
04:03
-
African Union and Togo Launch Congress to Renew Pan-African Ties
03:45
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
West African universities met in Dakar to address youth employment Delegates drafted a 10-15 ...
Shell acquires 60% stake in South Africa’s Block 2C in Orange Basin Deal includes $25M bonus, funding for 3 wells worth up to $150M...
Mali Airlines SA plans first flight in 2026, board confirms timeline New carrier aims to boost domestic mobility and reach isolated northern regions...
ECOWAS launches €11M project to boost West Africa’s dairy industry PAOLAO aims to double milk output by 2030, raise local sourcing to 25%...
The US–RDC–Rwanda accords mark a shift from conflict diplomacy to engineered control of critical minerals. Washington aims to counter China by securing...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...