Fifteen years of AECID-EIB partnership: turning public capital into private sector growth across the Mediterranean
Spain, July 15 -- The Spanish Agency for International Development Cooperation (AECID) and the European Investment Bank (EIB) are marking 15 years of partnership supporting private sector development, job creation and economic resilience across the Mediterranean region.Launched in 2011, the AECID-EIB partnership was designed to address a critical market gap: the shortage of long-term risk capital available to small and medium-sized enterprises and mid-sized businesses in the Southern Mediterranean. By investing through private equity and venture capital funds, the partnership has helped channel patient capital to companies with the potential to grow, professionalise and create quality employment in challenging markets.The results show the p...
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