Source: European Investment Bank (EIB) |

European Investment Bank (EIB) and FMO sign up to renewAfrica covenant

In a continued effort to back the development of renewable energy the African continent, the EIB and FMO support the “renewAfrica” initiative, championed by RES4Africa

The European Investment Bank (EIB) and FMO adhere to the “renewAfrica” initiative, which intends to facilitate and improve financing for renewable energy projects in Africa; The initiative of RES4Africa is supported by European energy companies and international financial institutions. In a continued effort to back the development of renewable energy…

Source: European Investment Bank (EIB) |

European Investment Bank backs high-speed Cabo Verde internet and telecom connection

Connects Cabo Verde to trans-Atlantic EllaLink cable

New link to transform communications and enable 4G services; connects Cabo Verde to trans-Atlantic EllaLink cable; Reduces dependence on a single submarine cable The European Investment Bank, the world’s largest international public bank, has agreed to provide USD 25 million for construction of a new telecom connection to Cabo Verde.…

European Investment Bank (EIB)
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Source: European Investment Bank (EIB) |

European Investment Bank (EIB) to support EUR 4.5 billion new business, social, energy transition and sustainable transport investment

This includes investment that addresses challenges facing female entrepreneurs in Poland and across Africa, supports lease financing in Italy, backs venture capital in Liberia and Sierra Leone

EUR 1.6 billion support for private investment, including for women and rural communities; upgrading thousands of schools and expanding long-term care provision; financing renewable energy, energy efficiency and clean transport. The European Investment Bank (EIB) approved a total of EUR 4.5 billion of new financing that will tackle investment gaps…

Source: European Investment Bank (EIB) |

EU support to promote access to clean water and improved sanitation in Zambia

EUR 5 million EU investment grant, channeled by the European Investment Bank, from the EU Water Facility Pooling Mechanism, targets investments in peri-urban areas

The European Investment Bank (EIB) has teamed up with the EU’s external action service in a bid to provide clean water and adequate sanitation to citizens in the Zambian Copperbelt Province, bordering on the DRC. The EU grant financing, will help the Mulonga Water and Sewerage Company (MWSC) implement the…

Source: European Investment Bank (EIB) |

European Investment Bank invests in Africa Industrialization Fund to support growth capital investments

The fund seeks to contribute to the development of the private sector in North Africa by increasing access to capital for local small and medium-sized enterprises (SMEs) and mid-market companies

The European Investment Bank (EIB) has signed a commitment of USD 15 million with the SPE Africa Industrialization I Fund (AIF I), a generalist private equity fund targeting primarily growth capital investments in SMEs and mid-market companies mainly in North Africa, with a focus on Egypt, Morocco and Tunisia. The…

Source: European Investment Bank (EIB) |

Stand, Speak and Rise Up! all together for survivors

The European Development Bank (EIB) invests in many fragile environments – countries with ongoing violence

The EIB supports and participates to “Stand, Speak and Rise up!”, the international conference on sexual violence in fragile environments taking place on 26 and 27 March 2019 at the European Conference Center in Luxembourg, at the initiative of the Grand Duchess of Luxembourg and her Foundation. The conference aims to…

Source: European Investment Bank (EIB) |

New European Investment Bank - Bank of Kigali cooperation to support RWF 60 billion private sector investment in Rwanda

Agriculture, transport, education, health, manufacturing and tourism investment to benefit from long-term financing

Largest ever European Investment Bank – Bank of Kigali business financing cooperation; agriculture, transport, education, health, manufacturing and tourism investment to benefit from long-term financing. On the margins of the Africa CEO conference, the European Investment Bank, the long-term lending institution of the European Union, and Bank of Kigali today…

Source: European Investment Bank (EIB) |

European backing for EUR 142 million Gambia renewable energy programme

First European Investment Bank engagement in Gambia since 1991

First country in the world to ensure all its 1,100 rural schools and health centres will  benefit from reliable energy supply using solar and battery technology; 20MW solar energy and 400km distribution project to transform energy access and cut costs; first European Investment Bank engagement in Gambia since 1991. Access…

Source: European Investment Bank (EIB) |

Record EUR 3.3 billion European Investment Bank engagement across Africa supports private sector, clean energy, transport and water investment

In 2018 the European Investment Bank agreed EUR 3.3 billion (USD 3.74 billion) of new financing for private sector and infrastructure investment in 20 African countries

Largest ever European Investment Bank engagement in Africa since 1965; Direct support for 59 private sector and sustainable development projects 20 African countries; EIB President highlights strong pipeline of new projects at African Union summit. In 2018 the European Investment Bank agreed EUR 3.3 billion (USD 3.74 billion) of new financing for…

Source: European Investment Bank (EIB) |

European Investment Bank confirms support for EUR 495m transformational investment across Africa at Vienna summit

EIB President outlines support for sustainable development at High‑Level Forum Africa‑Europe

EUR 495m new support for sustainable transport in Africa’s largest city, improving access to clean energy and connecting East Africa to global communications; EIB President outlines support for sustainable development at High‑Level Forum Africa‑Europe; EIB experts highlight how cooperation with African business, public sector and international partners unlocking crucial investment. At the…