Dominican Republic, Oct. 5 -- The European Investment Bank (EIB), through EIB Global, and Banco de Ahorro y Credito ADOPEM, a Dominican financial institution serving entrepreneurs and smaller businesses, have signed a €4.5 million financing agreement, backed by an EFSD+ guarantee from the Commission and subject to approval by the Superintendency of Banks of the Dominican Republic. The financing will support sargassum-related projects by businesses with fewer than 10 employees, as well as small and medium-sized enterprises, particularly those involved in the collection, transport and safe storage of sargassum in the Dominican Republic. By working through ADOPEM, the operation will channel long-term finance to smaller businesses whose a...