In an interview with SAnews on the side-lines of The European House-Ambrosetti (THE-A) economic summit, Carmelo Cocuzza, the Bank’s head of regional representation in Southern Africa and the Indian Ocean, said these were amongst several investment opportunities that the European Union Bank was aiming for in the near future.

He said this when speaking about potential opportunities that were presented at the summit.

“We are now looking at funding educational projects, particularly in tertiary education.

“We are starting now to approach several universities … but we are yet to develop a funding programme.

“We are also talking to banks with a view of supporting small and medium enterprises financing in the private sector because there are many small project which we cannot finance directly,” he said.

The investment bank finances African projects that have synergy with European policies, including public-private partnerships.

Available: http://www.sanews.gov.za/south-africa/european-union-bank-invest-sa-universities-smes