Press Release: EIB President welcomes second revision of Cotonou agreement and signs technical support for Liberian energy project through West African Power Pool

On 22 June 2010 the European Union and 79 countries from Africa, the Caribbean and the Pacific (ACP) proceeded to the signature, in Ouagadougou, of the second revision of the Cotonou Partnership Agreement. The latter will notably allow the European Investment Bank to enhance its financing of regional infrastructure projects together with ACP sponsors. It will also offer the possibility for the Bank to accompany South African intermediaries in their drive towards regional economic integration for projects located in the rest of Africa