EIB
Finance and Policy
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.
Finance and Policy
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.
Finance and Policy
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.
Finance and Policy
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...
Finance and Policy
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.
Water
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.
Finance and Policy
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.
Renewable energy
Sparking a green recovery to keep Africa’s economy going
The European Investment Bank (EIB) and the African Export-Import Bank (Afreximbank) are directing €300 million ($355 million) to support the resilience and recovery of African nations in response to the COVID-19 pandemic.
Smart Technologies
Turbocharging the expansion of the Spanish EV charging grid
The European Investment Bank EIB and Endesa are collaborating to expand electric mobility in Spain.
Solar
Using solar home systems to financially empower rural Uganda
Millions of people in rural Uganda are set to access reliable and cheap electricity for the first time under a new off-grid solar scheme.
