Published on Pambazuka News (https://www.pambazuka.org)

Home > South Africa: EU sets up R550m fund

Contributor [1]
Thursday, March 14, 2002 - 02:00
Categories: 
Development [2]
Issue Number: 
57 [3]
Article-Summary: 

The European Union (EU) and the Department of Trade and Industry signed an agreement on Tuesday under which the EU will donate 55-billion euros (about R550-million) to start a risk capital fund for small and medium-sized enterprises (SMEs). The fund is intended to boost black empowerment and create jobs.

Category: 
Governance [4]
Oldurl: 
http://www.pambazuka.org/en/category.php/development/6419 [5]
Country: 
South Africa [6]

Source URL: https://www.pambazuka.org/node/8603

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[5] http://www.pambazuka.org/en/category.php/development/6419
[6] https://www.pambazuka.org/taxonomy/term/3287