Enhancement of Collaboration between Asian Countries and the PTA Bank
Poverty Reduction

I.Basic data

Sector(s): South-South Cooperation
Title: Enhancement of Collaboration between Asian countries and the PTA Bank
Donor country /organization: Asian countries
Other donors / organizations involved: Quasi - Government Financial Institutions
Beneficiary countries / regions: COMESA region and countries
Implementing agencies in beneficiary countries / regions: PTA Bank
Duration:
Starting Date: January 1999
Project / Program budget:
Finance / Type of cooperation: shareholding, equity investment, loan and technical assistance

II.Project / program description

  1. Objectives
    To enhance positive explanation of the existing investment opportunities.
  1. Activities / contents
    1. Subscribing to PTA Bank
    2. Availing lines of credit
    3. Direct equity investment
    4. Provision of loan capital
    5. Technical assistance
    6. Supply of technology
  2. Expected outcomes / impacts
    Enhance the overall development of COMESA member states
  3. Features in line with the Agenda for Action
    Encourage foreign direct investment in Africa

III.Contact point:

General Secretariat of the Organization of African Unity/African Economic Community
(OAU/AEC); copy to PTA Bank.

(End)

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