EU, IFC Launch €5m Programme to Support Afghan Private Sector

EU, IFC launch €5m programme to support Afghan private sector

The European Union has signed a new €5 million administration agreement with the International Finance Corporation (IFC), a member of the World Bank Group (WBG), to implement Afghanistan’s Private Sector Stabilisation Programme.

EU allocates €5 million to support entrepreneurship in Afghanistan

The European Union has allocated €5 million ($5.4 million) to support entrepreneurship and private sector development in Afghanistan, signing a new agreement with the International Finance Corporation (IFC), part of the World Bank Group. Under the agreement, the funds will be used to implement the Afghanistan Private Sector Stabilisation Program, aimed at supporting small and medium-sized enterprises (SMEs), improving access to financial service…

EU and IFC launch €5 million program to support Afghanistan’s private sector

The European Union has launched a new €5 million programme in partnership with the International Finance Corporation (IFC), a member of the World Bank Group, aimed at stabilising Afghanistan’s private sector and supporting job creation across the country. Under a newly signed administration agreement, the funding will support the Afghanistan Private Sector Stabilisation Programme, which seeks to boost small and medium-sized enterprises (SMEs), e…

EU Launches €5 Million Private Sector Support Programme for Afghanistan

The European Union has launched a €5 million programme with the IFC to support Afghanistan’s private sector and expand economic opportunities for vulnerable groups. The European Union has launched a five-million-euro programme in Afghanistan in partnership with the International Finance Corporation to support the country’s fragile private sector. In a statement released on Monday, the EU said the 42-month initiative will focus on improving the b…