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# African Development Bank Group Approves EUR400 million Lusophone Compact Guarantee program to boost private sector development
- URL: https://www.alwihdainfo.com/african-development-bank-group-approves-eur400-million-lusophone-compact-guarantee-program-to-boost-private-sector-a98421/
- Published: 2020-12-18T15:57:41.000Z
- Updated: 2026-04-02T14:58:07.000Z
- Author: APO
- Tags: ACTUALITES, #Import 2026-04-02 14:56

The Board of Directors of the African Development Bank (www.AfDB.org) Group on Wednesday approved the Lusophone Compact Guarantee Program (LCGP or the Compact), with a maximum risk exposure of up to EUR400 million. The new Compact offers a big boost to business development initiatives for the Bank’s non-sovereign portfolio in its Portuguese-speaking African member countries. \[…\]

The Board of Directors of the African Development Bank ([www.AfDB.org](https://www.alwihdainfo.com/www.AfDB.org)) Group on Wedn...  
  
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