(IN BRIEF) The SDG Outcomes Fund, a USD 100 million blended-finance vehicle created by UBS Optimus Foundation and Bridges Outcomes Partnerships, has achieved final close with an additional USD 18 million anchor commitment from the EIB—backed by the European Commission … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Switzerland, Technology, United Kingdom
Tagged ACP Trust Fund, Ambroise Fayolle, blended finance, Bridges Outcomes Partnerships, EIB, environmental outcomes, European Investment Bank, Global Gateway, impact investment, Jozef Sikela, Leslie Maasdorp, low- and middle-income countries, Mila Lukic, outcomes-based financing, partnerships, SDG Outcomes Fund, social impact, Tom Hall, UBS Optimus Foundation
(IN BRIEF) At FfD4 in Seville, the EIB and Banque El Amana signed a €20 million loan facility to on-lend to Mauritanian SMEs in the seafood value chain. Forty percent of the funds are reserved expressly for women-led (30 percent) … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Small Business, Technology
Tagged 2X Challenge, Ambroise Fayolle, Banque El Amana, blue economy, BMZ, coastal infrastructure, EFSD+, European Investment Bank, Global Gateway, Jozef Sikela, KfW, Marine Stewardship Council, Mauritania, migration partnership, Mohamed Ahmed Salem Bouna Moctar, partnership, seafood value chains, SMEs, sustainability, women-led businesses, youth-led businesses, €20 million loan
(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
Posted in Banks, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Technology, Telecom
Tagged broadband connectivity, Central Asia, digital economy, Digital Inclusion, digital transformation, EIB Global, European Commission, Global Gateway, high-speed Internet, Jozef Sikela, Kyriacos Kakouris, Nadine Allen, O3b mPOWER, satellite technology, SES, sustainable infrastructure, Team Europe, three million people, Western Balkans
(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
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Investment, Luxembourg
Tagged Africa-European Union Green Energy Initiative, Ambroise Fayolle, capacity building, Climate Action, EBID, EBID Vice President Mory Soumahoro, ECOWAS Bank for Investment and Development, ECOWAS region, ECOWAS Vision 2050, EIB, EIB Global, energy transition, environmental sustainability, EU, European Investment Bank, European Union, financial partnership, financing gap, Global Gateway strategy, Jozef Sikela, photovoltaic projects, poverty reduction, renewable energy, sustainable agriculture, Technical Assistance, UN Sustainable Development Goals, water treatment
(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
Posted in Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged EIB Global, Emissions Reduction, EU, infrastructure, Jozef Sikela, Kenya, KfW, Kristina Laarmann, Mariakani, road upgrade, Team Europe, Thomas Östros, trade, TRANSPORT, William Ruto
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