Tag Archives: EIB Global

EIB Global and Family Bank Partner to Support Women and Youth Entrepreneurs in Kenya with €100 Million Financing

(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

EIB Supports Prishtina’s Heritage: €500,000 Grant for Revitalizing the Palace of Youth and Sports Ahead of 2030 Mediterranean Games

(IN BRIEF) A €500,000 grant under the EIB’s Economic Resilience Initiative and Urban Projects Finance Initiative will provide technical assistance for the Palace of Youth and Sports renovation in Prishtina. The project will focus on the building’s reconstruction, conservation, and … Read the full press release

European Investment Bank Unveils US$100 Million Boost to AXIAN Telecom for Expanding 4G and 5G Networks in Tanzania and Madagascar

(IN BRIEF) The European Union, through its Global Gateway strategy, is set to expand mobile broadband connectivity in Madagascar and Tanzania. A financing package of US$100 million from the European Investment Bank will be provided to AXIAN Telecom, with US$60 … Read the full press release

EIB Grants €2M for Digital Transformation in Montenegro’s Schools

(IN BRIEF) The EIB, through its Economic Resilience Initiative Fund, has granted €2 million to purchase digital equipment for schools under the Montenegro Education Programme. This funding, part of a broader €29 million investment by EIB Global in Montenegrin education, … Read the full press release

SES, EIB Global, and the EU Commission Launch €60 Million Initiative to Bridge the Digital Divide in Central Asia

(IN BRIEF) EIB Global, in collaboration with the European Commission and SES, is launching a major satellite broadband initiative aimed at transforming connectivity in Central Asia. With a combined financial package of a €34.4 million EU grant and a €25.45 … Read the full press release

EIB Global Invests €25 Million to Modernize Air Navigation in Serbia and Montenegro, Boosting Efficiency and Sustainability

(IN BRIEF) The European Investment Bank (EIB Global) has committed €25 million to upgrade the air navigation control system in Serbia and Montenegro, a project aimed at enhancing safety, efficiency, and environmental performance. This investment will fund the development of … Read the full press release

ECOWAS Bank and European Investment Bank Launch €100 Million Partnership to Drive Climate Action in West Africa

(IN BRIEF) The ECOWAS Bank for Investment and Development (EBID) and the European Investment Bank (EIB), with support from the European Union (EU), have launched a €100 million partnership aimed at addressing climate action and environmental sustainability challenges in the … Read the full press release

Major Road Expansion in Kenya Set to Boost Trade and Sustainability with Support from Team Europe

(IN BRIEF) The upgrade of the Kwa-Jomvu to Mariakani road in Kenya, backed by Team Europe, will transform a two-lane highway into a four and six-lane dual carriageway, improving road safety, reducing emissions, and enhancing regional trade. The €140 million … Read the full press release

EIB Global, UNDP, and EU Delegation Drive Green Transition Financing in Serbia

(IN BRIEF) EIB Global, alongside the UNDP, the EU Delegation to Serbia, the Ministry of Environmental Protection, and the Association of Serbian Banks, co-hosted a conference to promote green transition financing in Serbia. The event emphasized the importance of establishing … Read the full press release

EIB Approves €2.4 Billion in Financing for Clean Energy, Infrastructure, and Global Connectivity Projects

(IN BRIEF) The European Investment Bank (EIB) has approved €2.4 billion in new financing to support a range of projects across Europe, including clean energy, transport, telecommunications, and flood protection. This includes significant funding to enhance hydrogen production, boost energy … Read the full press release

EIB Global Partners with Ameriabank to Strengthen Armenia’s Private Sector with €105 Million Loan

(IN BRIEF) EIB Global has granted a €105 million loan to Ameriabank, marking its largest direct loan to a bank in the South Caucasus. The loan aims to support the growth of Armenia’s private sector by providing affordable financing to … Read the full press release

EIB Global Appoints Miha Švent as New Representative for Bosnia and Herzegovina to Strengthen Sustainable Development and EU Integration

(IN BRIEF) EIB Global has appointed Miha Švent as its new representative for Bosnia and Herzegovina, focusing on sustainable development, climate action, and energy security. The bank has already invested over €3.5 billion in strategic projects, strengthening BiH’s EU integration … Read the full press release

EIB Global Loan Boosts SES’s O3b mPOWER Satellite Network to Enhance Connectivity and Bridge the Digital Divide

(IN BRIEF) SES has secured a €125 million loan from EIB Global to expand its O3b mPOWER satellite network with three additional satellites. The loan will support the network’s efforts to provide high-performance broadband to underserved regions, particularly in Africa, … Read the full press release

EIB Strengthens Partnership with Albania to Support Green Transition and EU Integration

(IN BRIEF) The European Investment Bank (EIB) has signed agreements with Albania to advance the country’s green transition and EU integration. This includes implementing the Greening Financial Systems programme, which will help Albania incorporate climate risks into its financial framework … Read the full press release

Emerging Markets Climate Action Fund Secures €450 Million, Paving the Way for Major Climate Investments in Developing Countries

(IN BRIEF) The Emerging Markets Climate Action Fund (EMCAF), a partnership between the European Investment Bank (EIB) and Allianz Global Investors, has reached a closing total of €450 million with the final €20 million contribution from Germany’s Kreditanstalt für Wiederaufbau … Read the full press release

EIB Global and EU Unveil €70M Initiative to Empower Armenian MSMEs and Foster Sustainable Growth

(IN BRIEF) EIB Global and the European Commission have launched a €70 million financing package to support Armenian MSMEs. The package includes €58.5 million in loans to three financial institutions—Inecobank, ArmSwissBank, and Farm Credit Armenia—and an €11 million grant to … Read the full press release

EIB Global Invests €2 Million in Vaccine Development at Akagera Medicines in Rwanda

(IN BRIEF) The European Investment Bank (EIB Global) has committed €2 million to support Akagera Medicines Africa Limited in Rwanda, facilitating the early-stage development of vaccines for infectious diseases, including tuberculosis, HIV, Ebola, and Lassa fever. This funding aims to … Read the full press release

EIB Global and Enel Colombia Partner to Boost Renewable Energy and Grid Infrastructure with $300 Million Loan

(IN BRIEF) EIB Global, a division of the European Investment Bank, has provided Enel Colombia with a $300 million loan to support the development of renewable energy projects and upgrades to the company’s power distribution infrastructure. This loan, backed by … Read the full press release

Nearly 100 Armenian Businesses to Benefit from EIB and Evocabank Partnership, Sustaining Around 1,200 Jobs

(IN BRIEF) The European Investment Bank’s (EIB) global arm, EIB Global, has partnered with Evocabank to improve financial access for micro-, small-, and medium-sized enterprises (MSMEs) in Armenia. EIB Global is providing a €12 million loan to Evocabank, which will … Read the full press release

EIB Global Signs €10 Million Loan Agreement with Bank Respublika to Boost Small Business Finance in Azerbaijan

(IN BRIEF) EIB Global, the financing arm of the European Investment Bank (EIB) outside the EU, has inked a €10 million loan deal with Bank Respublika to bolster support for micro, small, and medium-sized enterprises (MSMEs) in Azerbaijan. Part of … Read the full press release