Tag Archives: Team Europe

EIB backs Lithuania with €300 million to strengthen defence and reinforce EU security

(IN BRIEF) The European Investment Bank (EIB) has approved a €300 million loan to strengthen Lithuania’s defence infrastructure, marking over €1 billion in total EIB support to the country’s defence in 2025. The financing will fund key investments in logistics, … Read the full press release

EIB and EU partners expand financial aid to sustain Ukrainian businesses and secure winter energy supply

(IN BRIEF) The European Investment Bank (EIB) has released €100 million to support Ukraine’s wartime resilience, focusing on economic stability and municipal heating infrastructure. Of this, €70 million will go to Ukrgasbank to provide long-term loans for businesses and promote … Read the full press release

EIB and European Commission Support BioNTech’s First mRNA Vaccine Manufacturing Facility in Africa with up to €95 Million in Financing

(IN BRIEF) The European Investment Bank and European Commission are jointly supporting BioNTech’s mRNA manufacturing facility in Kigali, Rwanda, with up to €95 million in blended financing. The project aims to strengthen Africa’s capacity to produce vaccines locally for diseases … Read the full press release

EU Deepens Collaboration with ASEAN to Accelerate Clean Energy Integration and Regional Power Grid Development

(IN BRIEF) The European Union has announced expanded support for Southeast Asia’s sustainable energy transition through a major partnership with ASEAN and the Asian Development Bank to advance the ASEAN Power Grid. The initiative aims to improve energy access for … Read the full press release

New Butimba Plant Delivers Safe Water to 450,000 in Mwanza under €150 Million LVWATSAN Programme

(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

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

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 Invests €15 Million to Support SME Growth and Gender Inclusion in Africa through IPAE 3 Fund

(IN BRIEF) The European Investment Bank (EIB) has committed €15 million to the I&P Afrique Entrepreneurs 3 (IPAE 3) fund, aimed at supporting small and medium-sized enterprises (SMEs) across Africa. The initiative, which focuses on key sectors like agriculture, health, … 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

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

Team Europe Delegation Commits €166 Million for Benin’s Development Agenda

(IN BRIEF) A high-level Team Europe delegation recently concluded an official visit to Benin, solidifying the country’s partnership with the European Union through the signing of finance contracts totaling €166 million. Led by senior leaders of European institutions and development … Read the full press release