The Secretary General

Civil Society Consultation for the Drafting Committee

ACP-EU Development Minerals Programme, Phase II: Call for Expressions of Interest

ACP-EU CULTURE - Support for ACP audiovisual co-production EuropeAid/171459/IH/ACT/Multi Q&A no.2 27 March 2021 – 10 May 2021

ACP-EU CULTURE - Support for ACP audiovisual co-production EuropeAid/171459/IH/ACT/Multi Q&A 11 March 2021 - 26 March 2021

ACP EU CULTURE - Support for ACP audiovisual coproduction

ACP EU CULTURE - Support for ACP audiovisual coproduction

Call for proposals: ACP-EU Culture Programme - Support for culture and creation sectors in West Africa

Call for proposals: Grant scheme for support to implementation of Port Community Systems Maritime/Logistics Single Windows

Request for Proposals_Expert Firms offering Social Secretariat Services in Belgium

ACP-EU Culture: Grant Contracts Awarded During September 2020

ACP Innovation Fund – Publication of Grant Contract Awardees

Call for Declarations of Interest for Research and Innovation Policy Experts

Call for Expressions of Interest to request a policy service from the OACPS Research and Innovation Policy Support Facility

Request for Applications: Consultancy to Conduct KAP Surveys to Develop Awareness Strategies, Intra-ACP GCCA+ for the Caribbean

Boosting research and innovation in African, Caribbean and Pacific countries

Call for Proposals - “Promoting universal Sexual and Reproductive Health and Rights of vulnerable adolescents in Africa”

Works Contract Notice - Renovation works of the ACP Building, Brussels, Belgium - (Avenue Georges Henri, 451, 1200 Brussels)

WORKS CONTRACT NOTICE, Extensive Renovation Works of the ACP Building, Brussels, Belgium - ACP 4/1/83 (Vol. 1) Works 1/2019

Supporting the cultural and creative Sectors in the ACP Countries Q&A N.6 - 10 -25 March 2020

Corrigendum N.3 EuropeAid/167697/IH/ACT/Multi

Supporting the cultural and creative sectors in ACP countries - QUESTIONS & ANSWERS no 5. - 29/02/2020 - 09/03/2020

Supporting the cultural and creative sectors in the ACP countries - EuropeAid/167697/IH/ACT/Multi - QUESTIONS & ANSWERS no. 4 - 25 January 2020 - 28 February 2020

Supporting the cultural and creative sectors in the ACP countries - EuropeAid/167697/IH/ACT/Multi - QUESTIONS & ANSWERS, no. 3 - 18-24 January 2020

Corrigendum N.2 EuropeAid/167697/IH/ACT/Multi

Supporting the cultural and creative sectors in the ACP countries - EuropeAid/167697/IH/ACT/Multi - QUESTIONS & ANSWERS, Information session – 12 February 2020


Grants awarded under the EuropeAid call for proposals EuropeAid/164206/IH/ACT/Multi publié le 17.04.2019

Supporting the cultural and creative sectors in the ACP countries – Q&A #2 – 12/01/2020

Calls for Proposals and Tenders - ACP EU Culture Supporting the Cultural and Creative Sectors in ACP Countries

Seeking partnership under ACP Innovation Fund?

Intra-ACP Programmes

ACP in Action: Interactive Map of Intra-ACP Projects in the Member States
Action Against Desertification
African Peace Facility
Aviation Africa
Biodiversity and Protected Areas Management (BIOPAMA)
ACP Business Climate
Competitive Industries and Innovation Programme
Coton ACP
ACP EU Culture / ACP UE Culture
ACP-EU Commodities Programme
ACP-EU Development Minerals Programme
ACP-EU Energy Facility
ACP-EU Fish II Programme
Global Climate Change Alliance (GCCA Intra-ACP)
Hub & Spokes - Enhancing Trade Capacity in ACP
Initiative Francophone Por La Formation A Distance Des Maitres (IFADEM)
Intra-ACP Agricultural Policy Programme (APP)
Intra-ACP Academic Mobility Scheme
ACP Multilateral Environmental Agreements
ACP-EU Microfinance Programme
ACP-EU Migration Action
Minising the Illegal Killing of Elephants (MIKES)
ACP Mining Database
ACP MEAs (Multilateral Environmental Agreements)
ACP Multilateral Trading System Programme
ACP-EU Natural Disaster Risk Reduction Programme
ACP Observatory on Migration
Participatory Slum Upgrading Programme
Renewed Partnership: Strengthening pharmaceutical systems and improving access to quality medicines
ACP-EU Science and Technology
Strengthening Fishery Products
ACP-EU Technical Barriers to Trade Programme
ACP-EU Water Facility
Centre Technique de Coopération Agricole et Rurale (CTA)
Sustainable Wildlife Management (SWM) Programme  / Programme de gestion durable de la faune sauvage (SWM) 


PRESS RELEASE: Targeted, effective cooperation between the EIB and the Finance Ministry in the fight against poverty in the ACP countries

Printer-friendly versionPDF version

Luxembourg, 5 July 2011 - The Grand Duchy of Luxembourg and the European Investment Bank are joining forces on a third technical assistance operation in support of microfinance. Luc Frieden, Finance Minister, and Philippe Maystadt, EIB President, today signed a new cooperation agreement that will bring together the expertise, networks and resources of the EIB and the Finance Ministry in order to develop microfinance and the private sector in the African, Caribbean and Pacific (ACP) countries.
The Finance Ministry of the Grand Duchy of Luxembourg has pledged to earmark a new envelope of EUR 3m (EUR 1m a year until 2013) for technical assistance projects supporting EIB investments in microfinance companies and institutions, i.e. intermediaries that provide retail financial services to small businesses or micro-enterprises. The technical assistance will take the form of support and training in the fields of accounting, administration and risk management as well as sound governance of those intermediaries.
Under their cooperation agreement, the EIB, through its participation in the investment funds that it supports, identifies for the Grand Duchy of Luxembourg the technical assistance projects that merit financing. On the basis of the EIB’s recommendation and following an examination, the Finance Ministry funds the technical assistance operation directly.
Monitoring and evaluation are conducted jointly at a later stage. Over the past five years, under two previous agreements, 15 microfinance projects received aid and technical assistance totalling EUR 5m in nine countries: Cameroon, Uganda, Chad, Ghana, Democratic Republic of Congo, Senegal, Tanzania, Namibia and Afghanistan.
The Luxembourg Government was very quick to recognise microfinance’s potential in the field of combating poverty. At the signature ceremony Minister Frieden stated: “Microfinance is a key component of the Luxembourg Government’s development cooperation policy. However, we have observed recent developments in the sector and drawn the necessary conclusions.
The third cooperation agreement with the EIB therefore places particular emphasis on the social performance of microfinance institutions. Against that backdrop, we are delighted to be able to count on the EIB’s expertise, experience and networks.” EIB President Philippe Maystadt expressed his satisfaction regarding the relevance of these agreements, which draw on the EIB’s long experience and broad knowledge of this sector.
Concerning the results of the previous operations, he remarked: “The investments made by the Luxembourg Government, which complement the EIB’s financial commitments, were a key factor in the joint operations conducted. Although the EIB now also has resources to be set aside for technical assistance, these are far from meeting all requirements.
The very strong demand in the microfinance sector for such assistance proves that there is a genuine need for it and this cooperation agreement will serve to continue the joint action undertaken over the past five years.” Supporting information Microfinance is defined as the provision of small-scale financial services – such as savings, loans, insurance or other basic financial services – to customers with no income or on a low income who are excluded from the traditional banking system.
These modest financial services help the beneficiaries to earn a daily living, carry out productive projects and, if possible, save money, thereby building a future. The EIB has actively supported the microfinance sector and small and medium-sized businesses in the ACP countries (Africa, Caribbean, Pacific) for over 40 years.
It is also active in this sector in the southern Mediterranean countries and the European Union itself. Its range of operations include the acquisition of participations in holding companies that aim to create or develop microfinance institutions, i.e. formal or semi-formal intermediaries offering retail financial services to micro-enterprises or small businesses. These investments give an important boost to the development of the private sector and economic growth in general.
However, in order to ensure the sustainability of these ventures and to help microfinance institutions become both commercially and financially independent, it is vital to underpin the investments with parallel technical assistance and training projects that will serve to bolster their institutional and management capacities.
Press contacts: • EIB: Sabine Parisse, tel.: (+352) 4379 83340; mobile: (+352) 621 459 159, e-mail: • Finance Ministry: Lucien Michels, tel.: (+352) 2478 2698, mobile: (+352) 621 133 751, e-mail:

Rue de l'Aqueduc 118
Ixelles - 1050, Bruxelles - Brussels
Belgique - Belgium
email :
Tel: +32 2 743 06 00
Fax: +32 2 735 55 73
see map/voir plan



« January 2022 »
ACP Public Documents
User login

The ACP Group is a registered trademark. The ACP logo and material on this site are protected by copyright laws and international treaty provisions. Unauthorised use of the ACP logo or copyright material without written permission is punishable by law.