(IN BRIEF) The European Union has committed €35.8 million in grant financing through the Neighbourhood Investment Platform to support Tunisia’s energy transition, signing contribution agreements with the EBRD and EIB Global. The funding will help de-risk large-scale solar projects and … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged Aeolus, climate resilience, EBRD, EFSD+, EIB Global, electricity grid infrastructure, ELMED interconnector, energy transition, European Bank for Reconstruction and Development, European Investment Bank, European Union, European Union Boosts Tunisia’s Solar and Grid Investments to Advance Renewable Energy and Energy Security, Gafsa, Global Gateway, Neighbourhood Investment Platform, NIP, Qair, renewable energy, Scatec, Sidi Bouzid, solar photovoltaic projects, Team Europe, Tunisia
(IN BRIEF) The European Investment Bank, via EIB Global, has invested $80 million in RMBV North Africa Fund III to support private sector growth in Egypt and across North Africa. The fund is expected to mobilise over $300 million, targeting … Read the full press release
Posted in Banks, Business, European Union, Financial, Internet & Online, Investment, Luxembourg, News
Tagged Ahmed Badreldin, consumer goods sector, education sector, EIB Global, EIB Investment Strengthens Private Equity Support for High-Impact Sectors in Egypt, EU Egypt cooperation, European Investment Bank, Gelsomina Vigliotti, gender equality investment, Global Gateway, healthcare investment, job creation, North Africa investment, private equity Egypt, private sector development, Rania Al Mashat, RMBV, RMBV North Africa Fund III, RMBV North Africa Fund III Secures EIB Investment to Drive Growth and EU–Egypt Integration, sustainable growth, Team Europe, women led enterprises
(IN BRIEF) The European Investment Bank, via EIB Global, has invested $37.5 million in Alta Semper Fund II to support pharmaceutical, life sciences and MedTech companies across Africa, with a primary focus on North Africa. The fund is expected to … Read the full press release
Posted in Banks, Business, European Union, Financial, Healthcare, Internet & Online, Investment, Luxembourg, News, Pharma & Biotech
Tagged Afsane Jetha, Alta Semper Capital, Alta Semper Fund II, Cheick Oumar Sylla, EIB Commits $37.5 Million to Alta Semper Fund II to Boost Healthcare Investment in Africa, EIB Global, EIB Investment in Alta Semper Fund II Aims to Catalyse $150 Million for African Healthcare Sector, EU Africa cooperation, EU Global Health Strategy, European Investment Bank, Gelsomina Vigliotti, gender equality investment, Global Gateway, Healthcare Innovation, healthcare investment Africa, life sciences investment, MedTech investment, North Africa healthcare, pharmaceutical sector Africa, private equity Africa, Rania Al Mashat, women led funds
(IN BRIEF) The European Investment Bank has approved $150 million in financing for Egypt’s Obelisk hybrid solar and battery storage project, coinciding with the early completion of its first phase in Qena Governorate. Developed by Scatec, the project combines large-scale … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Technology
Tagged African Development Bank, Battery Energy Storage System, British International Investment, clean power generation, EBRD, Egypt energy security, Egypt solar energy, EIB Global, energy transition, EU NDICI guarantee, European Investment Bank, hybrid solar power, Obelisk Hybrid Solar Project Secures Major European Backing in Egypt, Obelisk project, Qena Governorate, renewable energy financing, Scatec, Team Europe
(IN BRIEF) EIB Global organised a marine clean-up and coral restoration campaign in the Thousand Islands area north of Jakarta, bringing together Team Europe representatives, Indonesian authorities, NGOs, students and local community members. The initiative resulted in the removal of … Read the full press release
Posted in Banks, Environment, European Union, Infrastructure & Utilities, Luxembourg, News, Non Profit, Society
Tagged blue economy, Climate Action, coral restoration, EIB Global, environmental cooperation, EU Green Diplomacy Week, European Investment Bank, H.E. Sujiro Seam, Indonesia, Jakarta, juvenile clownfish release, Langit Biru Pertiwi Foundation, marine clean-up, marine pollution, Nicola Beer, reef regeneration, Remove Marine Litter and Support Local Ecosystems, Sunita Lukkhoo, Team Europe, Team Europe and Indonesia Join Forces to Restore Reefs, Thousand Islands, Tri Indrawan
(IN BRIEF) Cabo Verde has inaugurated new wind turbines and a major battery storage system as part of the expansion of the long-established Cabeólica renewable energy project. Supported by more than €39 million in new financing from the European Investment … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged AfDB, African Development Bank, Ambroise Fayolle, Ayotunde Anjorin, battery storage, Cabeólica, Cabo Verde, clean electricity, EIB, EIB Global, energy security, energy transition, EU guarantees, European Investment Bank, Global Gateway initiative, Public Private Partnership, renewable energy, Santiago, sub-Saharan Africa, Sylvie Millot, Upgraded Cabeólica Wind and Storage Facilities Strengthen Cabo Verde’s Energy Security and Reduce Dependence on Fossil Imports, Vestas, Wale Shonibare, wind farm expansion, wind power, WinPower
(IN BRIEF) EIB Global has unveiled a €1 billion financing package to advance renewable energy generation and integrate national electricity grids across six Central American nations—Costa Rica, Panama, Honduras, Guatemala, El Salvador, and Belize—under the EU Global Gateway Investment Agenda. … Read the full press release
Posted in Banks, Defence, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, News
Tagged António Costa, Belize, CELAC-EU summit, Central America, clean energy financing, Climate Action, Costa Rica, EIB Global, EIB Global launches €1 billion clean energy and power grid integration initiative for Central America, El Salvador, electricity grid, energy transition, EU Global Gateway Investment Agenda, European Investment Bank, European Union, Guatemala, Honduras, Ioannis Tsakiris, Jozef Sikela, Latin America, Nadia Calviño, Panama, Regional integration, renewable energy, sustainable development, Team Europe, Teresa Ribera
(IN BRIEF) EIB Global has appointed Alessandro de Concini as its new representative to Albania, succeeding Petia Manolova, to strengthen the country’s green, digital, and EU accession efforts. With 17 years of experience in the EIB Group and a strong … Read the full press release
Posted in Albania, Banks, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Albania, Alessandro de Concini, Alessandro de Concini to lead EIB Global’s mission in Albania advancing EU accession and green growth, Bocconi University, climate resilience, digital transition, economic growth, EIB Global, EU accession, European Investment Bank, European Union, green transition, Robert de Groot, Sustainable Finance, Tirana, Western Balkans
(IN BRIEF) EIB Global has signed a €10 million loan and a €1.3 million grant with Erste Bank Serbia to support small businesses and promote inclusive employment opportunities across the country. The initiative uses an innovative impact-based financing model, rewarding … Read the full press release
Posted in Banks, European Union, Financial, Investment, Luxembourg, News, Serbia, Small Business, Society
Tagged Economic Resilience Initiative, EIB Global, EIB Global and Erste Bank Serbia Partner to Promote Inclusive Jobs and SME Growth, EIB Global Funds €10 Million Initiative to Empower Serbian Businesses through Social Inclusion, ERI, Erste Bank Serbia, Erste Bank Serbia and EIB Global Launch Impact-Driven Financing to Support Equal Opportunities, European Investment Bank, financial inclusion, gender equality, impact financing, inclusive employment, Jasna Terzić, Robert de Groot, SERBIA, SMEs, social inclusion, Social Innovation, sustainable growth, Uxolo Award, Western Balkans, Youth employment
(IN BRIEF) The European Investment Bank (EIB), through the Ukraine Recovery Programme, has financed the construction of the first preschool in Vysoke village, Zhytomyr Oblast, at a cost of €812,000. Completed in less than a year, the facility can host … Read the full press release
Posted in Banks, Education, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Technology, Ukraine
Tagged Auke Lootsma, CHILDREN, community development, Education, EIB, EIB Global, EIB-Funded Preschool Brings Safety and Learning to Vysoke Amid Ukraine’s Ongoing Recovery, EU and EIB Support New Radiation-Protected Preschool in Zhytomyr Region to Strengthen Community Resilience, EU Delegation to Ukraine, EU Support, European Investment Bank, European Union, German-Armenian Fund, Green Infrastructure, Jocelin Cornet, Ministry for Development of Communities and Territories of Ukraine, Ministry of Finance of Ukraine, Mykola Barduk, Oleksii Kuleba, preschool, radiation-protected shelter, reconstruction, recovery, resilience, safety, Teresa Czerwinska, Ukraine recovery programme, UNDP, Vitalii Bunechko, Vysoke village, Zhytomyr Oblast
(IN BRIEF) The European Investment Bank (EIB Global) has partnered with the Central Bank of Armenia to launch a €100 million loan programme to boost financing for MSMEs and mid-caps, with a strong focus on regional, women-led, and green projects. … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Small Business, Technology
Tagged Adrienn Király, Armenia, Central Bank of Armenia, economic resilience, EFSD+, EIB Global, EIB Global Extends €100 Million Financing to Boost Sustainable and Inclusive Business Development in Armenia, EU Resilience and Growth Plan, EU-Backed EIB Loan Strengthens Armenian MSMEs and Green Growth Through Central Bank Partnership, European Fund for Sustainable Development Plus, European Investment Bank, European Union, financial inclusion, German-Armenian Fund, Green Projects, Inclusive Growth, Marion Hoenicke, Martin Galstyan, Mid-Caps, MSMEs, regional development, renewable investments, SMEs, Sustainable Finance, Teresa Czerwinska, Vassilis Maragos, women-led businesses
(IN BRIEF) The European Investment Bank (EIB), through EIB Global, has signed a $250 million loan to support Costa Rica’s first electric train project — the country’s first EIB-financed operation in over ten years. Co-funded with the Central American Bank … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Technology, Transportation & Logistics, Travel
Tagged Advancing Sustainable Mobility and EU Partnership Goals, Álvaro Bermúdez Peña, CABEI, Central America, clean energy, climate finance, Costa Rica, EIB, EIB Global, EIB Global Extends $250 Million Loan for Costa Rica’s First Electric Train, EIB Global Grants $250 Million Loan to Build Costa Rica’s First Electric Train in Partnership with CABEI and GCF, Electric Train, European Investment Bank, Gisela Sánchez, Global Gateway, Green Climate Fund, INCOFER, Ioannis Tsakiris, Jozef Sikela, Kristin Lang, low-carbon transport, renewable energy, Rodrigo Chaves, San José Metropolitan Area, sustainable mobility, transport infrastructure, urban development
(IN BRIEF) EIB Global has announced the Innovation and Green Transformation Facility (IGTF), a €187 million programme combining EIB loans and EU grants to support private sector sustainability and innovation in the Western Balkans. The initiative, aligned with the EU … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Small Business, Technology
Tagged Björn Gabriel, climate resilience, digitalisation, ecosystem-based tourism, EIB Global, EU Economic and Investment Plan, green transition, IGTF, Innovation and Green Transformation Facility, innovation ecosystems, Mid-Caps, New Growth Plan for the Western Balkans, partnership, research centres, SMEs, sustainability, sustainable agriculture, UNDP, Western Balkans, Western Balkans Investment Framework
(IN BRIEF) EIB Global is driving the Greening Financial Systems programme in North Macedonia alongside the National Bank of North Macedonia, helping strengthen climate risk management and expand access to green finance. A survey of more than 300 enterprises found … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, Media, News, Technology
Tagged Björn Gabriel, BMWK, Climate Risk, EIB Global, GFS, green finance, Greening Financial Systems, IKI, International Climate Initiative, Komercijalna Banka, National Bank of the Republic of North Macedonia, NBRNM, NDC Partnership, NLB Banka, NORTH MACEDONIA, partnership, ProCredit Bank, Sparkasse Bank, sustainability, sustainable economy, Trajko Slaveski
(IN BRIEF) EIB Global has invested €21.5 million in the IHS Kenya Green Housing Fund to support the construction and acquisition of affordable, energy-efficient housing in Nairobi and Kiambu. Three projects—Tilisi, Garden City’s Muzi Stawi, and Mashiara Park—comprise 664 units, … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged affordable housing, Edward Claessen, EIB Global, energy-efficient, equity financing, European Investment Bank, Garden City Precinct, green housing, greenhouse gas emissions, IHS Kenya Green Housing Fund, informal settlements, Kenya Population and Housing Census, Kiambu, Kioi Wambaa, Mashiara Park, Muzi Stawi, Nairobi, partnership, sustainability, Technical Assistance, Tilisi, UNEP
(IN BRIEF) EIB Global is lending €143.5 million to Termoelectrica SA for a seven-year overhaul of Chisinau’s district heating network—horizontalizing pipelines, installing individual substations, and upgrading 1 665 apartment buildings—to cut energy use by 25% and emissions by 7%. A … Read the full press release
Posted in Banks, European Union, Financial, Healthcare, Infrastructure & Utilities, Investment, Luxembourg, Moldova
Tagged Ala Nemerenco, Cahul hospital, Chişinău, CO₂ reduction, district heating, Dorin Junghietu, E5P, EBRD, EIB Global, energy efficiency, EPTATF, EU for Ukraine Advisory Programme, EU grants, EU integration, European Investment Bank, horizontal pipelines, individual substations, Jānis Mažeiks, Ministry of Health, MOLDOVA, Swedfund, Teresa Czerwinska, Termoelectrica SA
(IN BRIEF) EIB Global, funded by a €50,000 Cities Climate Finance Gap Fund grant and in collaboration with GIZ, will advise Kenyatta National Hospital on installing a solar PV system. The technical studies and financial assessment will guide the integration … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged carbon footprint reduction, Cities Climate Finance Gap Fund, climate-smart infrastructure, diesel generators, Dr. Evanson Kamuri, Edward Claessen, EIB Global, Energy Independence, financial assessment, GIZ, Kenyatta National Hospital, Nairobi, partnership, photovoltaic system, solar power, Sustainable Healthcare, technical studies
(IN BRIEF) The LVWATSAN project in Northern Tanzania, financed by AFD (€75 million), EIB Global (€45 million plus €4 million technical assistance), the EU-Africa Infrastructure Trust Fund (€9.9 million), and the Tanzanian government (€16 million), has inaugurated the Butimba Water … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Society
Tagged AFD, Anne Sophie, Bukoba, Butimba Water Treatment Plant, Celine Robert, Christine Grau, clean water, Edward Claessen, EIB Global, EU Global Gateway, EU-Africa Infrastructure Trust Fund, French Development Agency, Government of Tanzania, Lake Victoria Water and Sanitation, Lamadi, Magu, Misungwi, Musoma, Mwanza, sanitation, simplified sewerage, Team Europe, Technical Assistance
(IN BRIEF) The European Investment Bank, through EIB Global and in collaboration with the Government of Luxembourg, is investing €5 million via the Luxembourg-EIB Climate Finance Platform into the Outrigger Impact Fund I, a new initiative focused on supporting Small … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology, United Kingdom
Tagged Ambroise Fayolle, biodiversity, blue economy, climate finance, climate resilience, ecotourism, EIB Global, EU Global Gateway, European Investment Bank, Gilles Roth, greenhouse gas reduction, Luxembourg-EIB Climate Finance Platform, marine conservation, Nature-based solutions, Nice, ocean investment, offshore renewables, Outrigger Impact Fund I, partnership, plastic pollution, Serge Wilmes, Simon Dent, Small Island Developing States, sustainability, sustainable aquaculture, sustainable development, UN Ocean Conference
(IN BRIEF) EIB Global and Family Bank in Kenya have launched a €100 million financing initiative to support small and medium-sized enterprises (SMEs), particularly those owned or led by women and youth entrepreneurs. The partnership, which includes a €50 million … Read the full press release
Posted in Agriculture, Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Investment
Tagged 2X Challenge, Africa, agriculture, credit line, EIB Global, EU, European Investment Bank, Family Bank, financing, Global Gateway, Hans Stausboll, Investing in Young Businesses in Africa (IYBA), Kenya, Nancy Njau, SMEs, sustainable growth, Thomas Östros, trade, women entrepreneurs, youth entrepreneurs
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