Yes, recently eleven members of EDFI, the Association of European Development Finance Institutions, and European Investment Bank (EIB) have created a new dedicated Covid-19 financing initiative through the existing European Financing Partners (EFP) scheme.
According to this initiative, EUR 280 million has been announced to support financial institutions and businesses in developing countries and ensure continued business investment.
The dedicated support enables EDFI members and the EIB to scale up robust and targeted support for businesses in developing and emerging markets and assist local financial partners most impacted by Covid-19.
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