Tag Archives: EIB

Oxford’s Saïd Business School Hosts African Venture Capital Leaders for Impactful ‘Africa Venture Finance Programme

(IN BRIEF) The University of Oxford’s Saïd Business School recently played host to 42 prominent African and Africa-focused venture capital (VC) fund managers as part of the ‘Africa Venture Finance Programme.’ This event, organized by the European Investment Bank’s Boost … Read the full press release

EIB and Commerzbank Collaborate to Offer €400 Million in Loan Guarantees to Medium-Sized Businesses

(IN BRIEF) The European Investment Bank (EIB) and Commerzbank have established a guarantee program to support medium-sized businesses in Germany and the EU. Companies with 250 to 3,000 employees can apply for long-term loans through Commerzbank, with a total of … Read the full press release

Multilateral Development Banks Collaborate to Simplify Procurement for Ukraine’s Reconstruction

(IN BRIEF) Four multilateral development banks, including the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank, have agreed to harmonize their procurement practices for public … Read the full press release

EIB Prioritizes Green and Digital Transition in Western Balkans at Berlin Summit

(IN BRIEF) The European Investment Bank (EIB) reaffirms its commitment to supporting sustainable development in the Western Balkans. During the Berlin Process Leaders’ Summit in Tirana, EIB Vice-President Czerwińska emphasized the bank’s dedication to enhancing connectivity, promoting green and digital … Read the full press release

EIB Commits €1 Billion for Morocco’s Post-Earthquake Reconstruction

(IN BRIEF) The European Investment Bank (EIB) has pledged €1 billion for Morocco’s post-earthquake reconstruction program over the next three years. This funding aligns with Morocco’s national recovery program priorities and aims to mobilize a total of €12 billion by … Read the full press release

Catalyzing Green Energy: EIB Commits €700 Million for Naturgy’s Power Network Upgrade in Spain

(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million loan to support the expansion and modernization of Naturgy’s electricity distribution network in Spain. The first tranche of €500 million has been signed in Madrid, and the project … Read the full press release

EIB Commits €500 Million in Landmark Investment to Eradicate Polio Globally

(IN BRIEF) The European Investment Bank (EIB) has announced a substantial investment of €500 million to support the eradication of polio in Africa and Asia. This landmark commitment was unveiled during a press conference in Brussels, signifying a historic partnership … Read the full press release

EIB Backs Dutch Climate Tech Battolyser Systems with €40 Million Investment for Green Hydrogen Production

(IN BRIEF) The European Investment Bank (EIB) has sealed a €40 million financing agreement with Dutch climate tech scale-up Battolyser Systems. Supported by the InvestEU Fund guarantee, this investment will enable Battolyser Systems to expand its production facility in Rotterdam … Read the full press release

EIB, European Commission, and Bill & Melinda Gates Foundation Commit €1.1 Billion to Eradicate Polio and Advance Global Health Innovation

(IN BRIEF) The European Commission, the European Investment Bank (EIB), and the Bill & Melinda Gates Foundation have unveiled a groundbreaking financing partnership aimed at addressing global health challenges. The partnership, with support from the World Health Organization (WHO) and … Read the full press release

EIB Grants €150 Million Loan to Cepsa for Over 1,800 Ultra-Fast EV Charging Stations in Spain and Portugal

(IN BRIEF) The European Investment Bank (EIB) has provided a €150 million loan to Cepsa to facilitate the installation of over 1,800 ultra-fast electric vehicle (EV) charging stations at Cepsa service stations in Spain and Portugal. This initiative aligns with … Read the full press release

Sustainability at the Forefront: EIB and Crédit Agricole Italia Inject €400 Million into Business Expansion

(IN BRIEF) The European Investment Bank (EIB) and Crédit Agricole Italia have signed a €400 million agreement to support small and medium-sized enterprises (SMEs) and agricultural companies. A significant portion of this funding, over 25%, will be directed towards environmental … Read the full press release

Valeo Receives €150 Million Investment from EIB for Groundbreaking Green Bond

(IN BRIEF) The European Investment Bank (EIB) has invested €150 million in Valeo’s inaugural €600 million green bond issue, aimed at advancing low-carbon mobility and sustainability. This investment aligns with Valeo’s commitment to carbon neutrality by 2050 and supports projects … Read the full press release

World Bank, EBRD, and EIB Strengthen Cooperation in Internal Audit Oversight

(IN BRIEF) The World Bank Group Internal Audit (GIA), European Bank for Reconstruction and Development Department of Internal Audit (EBRD-IA), and European Investment Bank Internal Audit Department (EIB-IA) have signed memoranda of understanding to enhance collaboration, particularly in information exchange, … Read the full press release

EIB Backs Polish company SDS Optic Inc. with €10 Million Investment in Cutting-Edge Cancer Detection Tech

(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement with Polish company SDS Optic Inc. to support the development and commercialization of their innovative cancer detection technology platform, inPROBE®. SDS Optic specializes in diagnostic and … Read the full press release

Joint Effort by EIB and Santander Portugal Aims to Fuel Investments in the Portuguese Economy

(IN BRIEF) Santander Portugal and the European Investment Bank (EIB) have signed an agreement to help Portuguese mid-cap companies access financing more easily in a challenging financial landscape marked by high interest rates and limited liquidity. Under the deal, EIB … Read the full press release

EIB Provides €50 Million for Bocconi University Campus Upgrades and Decarbonization

(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan agreement with Bocconi University in Milan to support the modernization and decarbonization of its campus facilities. This initial tranche of €30 million will fund the construction, renovation, … Read the full press release

EIB Provides €175 Million Loan to Valmet for Sustainable R&D in Pulp, Paper, and Energy Industries

(IN BRIEF) The European Investment Bank (EIB) has signed a €175 million loan agreement with Valmet, a Finnish technology and services provider for the pulp, paper, and energy sectors. This financing will support Valmet’s research, development, and innovation activities, aiming … Read the full press release

EIB’s “Financing in Africa Survey 2023” Reveals Resilience and Challenges in African Banking Sector

(IN BRIEF) The European Investment Bank (EIB) has published its “Financing in Africa Survey 2023,” offering insights into the evolving financial landscape in Africa. Conducted in partnership with 33 leading banks across the continent, the survey highlights the challenges and … Read the full press release

EIB Engages in ASEAN Summit, Prioritizing Sustainable Investments and Green Transition

(IN BRIEF) The European Investment Bank (EIB) participated in the 43rd ASEAN Summit and related ASEAN Indo-Pacific Forum, focusing on sustainable initiatives, economic growth, and climate action in ASEAN countries. Vice-President Kris Peeters highlighted the EIB’s commitment to supporting green … Read the full press release

EIB President Werner Hoyer Urges Equitable Climate Action at UNGA

(IN BRIEF) At the 78th General Assembly of the United Nations (UNGA), EIB President Werner Hoyer emphasized the importance of ambitious climate action and global development partnerships. Speaking at the Climate Ambition Summit, President Hoyer highlighted the economic potential of … Read the full press release