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housing nairobi kenya

Kenya: Affordable and energy efficient housing for all

The European Investment Bank has agreed to support a €180 million initiative to scale up affordable housing in Kenya.  
EEG research projects COVID-19

Analysing how COVID-19 has changed access to finance in Africa

The EIB's Finance in Africa 2021 report explores how access to finance provided by banks, microfinance and private equity sectors have been affected by the global pandemic and what long trends may impact private sector investment.
power africa 2020 annual report

Creating a global energy alliance for people and planet

A Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions worldwide.
climate finance

Financing to address climate change is growing year on year

Climate finance committed by multilateral development banks (MDBs) rose between 2019 and 2020 with 58% committed to low- and middle income economies, according to a 2020 joint report coordinated by the EBRD.
geothermal energy

EIB approves $95 million for geothermal power in East Africa

The European Investment Bank (EIB) has approved $4.9 billion financing for renewable energy, clean transport, COVID-19 recovery, social housing and education. Of this amount, $95 million will be allocated to the East Africa Rift Geothermal Project.
Senegal

Senegal: EIB funding to improve water supply and waste management

The European Investment Bank (EIB) will provide $138,39 million (€114.5 million) in financial support to improve the drinking water supply and promote integrate solid waste management in Senegal.
Burkina Faso gets EIB backing for renewable power project

Burkina Faso gets EIB backing for a renewable power project

The European Investment Bank (EIB) confirmed €38.5 million ($46.5 million) of new financial and technical support to transform renewable power generation in Burkina Faso and better protect its capital city from future flooding. The new...
infrastructure invesment

AfDB & EIB join forces to boost Africa’s infrastructure investment

The African Development Bank (AfDB) and European Investment Bank (EIB) have signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa.
Kenya Kisumu water and sanitation

Kenya: Water and sanitation access around Lake Victoria to be upgraded

The third largest city in Kenya, Kisumu, is about to get an $82million (€70 million) upgrade to its water and sanitation systems.
climate change post pandemic

EIB unlocks finance for climate change and post-pandemic recovery

The European Investment Bank yesterday approved $14,9billion of new financing for post pandemic recovery projects around the world.

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