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…

Source: European Investment Bank (EIB) |

New European support for Kenyan private sector and East Africa-wide funds

At a ceremony in Nairobi today, the European Investment Bank has announced four new projects it will support in Kenya and the wider East-African region

EIB announces four projects in Kenya and the wider region, ranging from backing for Telkom Kenya Ltd. 3G & 4G expansion, to support for the Medical Credit Fund; USD 78m financing in support of private sector players to ultimately benefit the underserved in terms of access to both connectivity and…

Source: European Investment Bank (EIB) |

Strong European Investment Bank (EIB) support to Nachtigal hydropower plant in Cameroon

EUR 50 million long term loan to the largest private sector project in the power sector in Africa in 2018; increasing country’s electricity supply by 30% through clean and low-cost energy while catalysing economic growth; up to 1,500 direct jobs created during peak construction periods

At its Africa Day in Addis Ababa, the European Investment Bank announced today its strong support for the construction of a 420-MW hydropower project in Cameroon. The EIB will provide a EUR 50 million long term project finance loan to NHPC (Nachtigal Hydro Power Company) under the Impact Financing Envelope…

Source: European Investment Bank (EIB) |

European Investment Bank (EIB) supports jobs and climate action across Africa with new EUR 200 million loan to Afreximbank

The facility will support promoters in more than 40 countries across Africa with long-term funding

Long-term investment to boost private sector’s competitiveness; Increasing access to finance for small and medium sized businesses; At least 25% of financing for climate action. On the margins of its Africa Day in the Ethiopian capital, Addis Ababa, the European Investment Bank has signed a new fifteen year EUR 200…