Tag: EBRD

EBRD backs $65 million Egypt solar, storage project at Benban Solar Park
BusinessTechnology

EBRD lends $65 million to HAU Energy for solar and storage project in Egypt

The European Bank for Reconstruction and Development is expanding its support for Egypt’s clean energy push with a $65 million loan to finance a new solar and battery storage project.  The funding targets a key gap in Egypt’s power system as demand rises and the country leans more on renewable energy. Officials say combining solar generation with storage will help…

Oluwatosin Alao Oluwatosin Alao
EU and EBRD launch a $30.5 million financing facility in Côte d’Ivoire
BusinessHot News

EU, EBRD roll out $30.5 million facility to support SMEs in Côte d’Ivoire 

EU and EBRD launch a $30.5 million financing facility to boost SME access to credit in Côte d’Ivoire, supporting jobs and economic growth.

Timilehin Adejumobi Timilehin Adejumobi
ERBD boosts West Africa agriculture with $153 million
BusinessTechnology

EBRD commits $153 million to West African agriculture

The European Bank for Reconstruction and Development is stepping up its support for agribusiness in West Africa with a $153 million financing package for operations in Côte d’Ivoire and Nigeria.  The funding, split between Robust International and Valency International, targets key export commodities including cashew, sesame, cocoa and soybeans. The investment comes as global food supply chains face pressure from…

Oluwatosin Alao Oluwatosin Alao