FEMIP FUNDING IN ALGERIA.

• Position: Facility for Euro-Mediterranean Investment and Partnership - Brief article

FEMIP, the Facility for Euro-Mediterranean Investment and Partnership, the European Investment Bank's instrument for the Euro-Mediterranean region, granted funding of nearly DZD300 million (3 million) to the Algerian firm Nouvelle Conserverie Algerienne Rouiba, which has embarked upon a major growth and modernisation programme. It also granted a 200 million loan to five banks: Amen Bank, Arab Tunisian Bank, Banque de l'Habitat, Banque...