Tag: EIB Global

EIB commits $90 million to Egypt solar project, boosting Africa’s clean energy

Egypt’s $650 million Dandara solar project secures $90 million from the EIB to power EgyptAlum and strengthen cleaner aluminium exports.

Oluwatosin Alao Oluwatosin Alao

EIB commits $37.5 million to fund African small businesses

The European Investment Bank commits $37.5 million to a $130 million Egypt fund targeting business expansion, financing and job creation.

Oluwatosin Alao Oluwatosin Alao

Malawi’s small farmers to benefit from $8.6 million EIB funding

EIB Malawi financing will provide $8.6 million to support small farmers and agri-food businesses through Centenary Bank.

Timilehin Adejumobi Timilehin Adejumobi

Wema Bank secures $56.9 million EIB deal for SMEs, women and youth

Wema Bank secures a $56.9 million EIB Global facility to expand funding for Nigerian SMEs, women entrepreneurs and youth.

Oluwatosin Alao Oluwatosin Alao

EIB Global invests $46 million in African tech fund to boost startups

Africa’s startup scene is attracting renewed investor interest as demand grows for digital services across the continent. From payments to healthcare, young companies are stepping in to fill gaps in fast-changing economies.  That shift is drawing support from global institutions. EIB Global has committed $46 million to an Africa-focused venture capital fund managed by Speedinvest, adding fresh backing for early-…

Oluwatosin Alao Oluwatosin Alao