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Finance

BpiFrance and CDC launch a €20 million investment fund

Monday, 08 February 2016 11:14

(Ecofin Agency) - 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.





 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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