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Confindustria, Cassa Depositi e Prestiti, San Patrignano and E4Impact sign a Memorandum of Intent to develop finance for Africa

Confindustria, Cassa Depositi e Prestiti, San Patrignano and E4Impact Foundation on the occasion of the second edition of the Sustainable Economy Forum on 4 and 5 April signed a Memorandum in which they intend to collaborate to promote initiatives of common interest, also through the identification of suitable financial instruments , in support of Italian and African companies, as key players in sustainable and inclusive growth processes.

These initiatives are aimed at supporting economic and social development and improving the living conditions of populations in developing countries on the African continent, in order to favor the achievement of the Sustainable Development Goals of the 2030 Agenda of the United Nations ( SustainableDevelopment Goals – ” SDGs “).
In particular, through the Memorandum, the signatory parties intend to collaborate for:
– identifying initiatives to be promoted, in particular in the sectors of energy, infrastructure, agriculture, education, urban development, combating climate change, access to SME credit and support for female entrepreneurship;
– promote and disseminate dedicated financing instruments such as green bonds, social bonds and sustainable development bonds, useful to favor the realization of investments aimed at achieving sustainability objectives;
– promote knowledge and dissemination of financial initiatives and instruments through action aimed at encouraging the involvement of Italian and African companies.

To this end, the parties intend to set up a working table to discuss about the initiatives to be implemented, also with the involvement of additional partners interested in the project.

With this initiative we want to follow up on the commitment made during the first edition of the Forum, exercising joint action with several parties to facilitate the development of manufacturing activity in Africa, with the aim of strengthening the growth of a continent which has considerable development potential.

The Sustainable Economy Forum 2019 is an initiative of Confindustria and San Patrignano. Institutional partners: E4Impact and International TradeCenter; main partner: BNP Paribas , Sole24Ore ; top partners: Accenture , Eni ,
Hitachi Rail STS , Intesa San Paolo ; partners: Aon , Bracco , Acqua Alma , Celli Group brand, Ente Microcredito , IGP Decaux , Lavazza ; with the support of the IBM Foundation ; official car: Ford .