This article is published in association with European Investment Bank. Today BURN, the world’s leading clean cooking appliance manufacturer, distributor, and carbon project developer, and the European Investment Bank signed an agreement to invest $15 million from the EIB to fund the distribution of BURN’s ECOA Electric Induction cooker to households across the East African region. […]Expanding Clean Cooking in East Africa to strengthen communities, cut pollution and save lives: US $15 million financing from European Investment Bank for Kenya-based BURN
October 24, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Today BURN, the world’s leading clean cooking appliance manufacturer, distributor, and carbon project developer, and the European Investment Bank signed an agreement to invest $15 million from the EIB to fund the distribution of BURN’s ECOA Electric Induction cooker to households across the East African region. […]EIB and Iberdrola sign €120 million loan to develop energy innovation projects in Spain
October 22, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed a €120 million loan with Iberdrola to finance the development of research and innovation projects involving energy technologies, with the goal of backing and accelerating the electrification and decarbonisation of the economy. Total investment for the project will be €250 million. […]Italy: Europe to gain advanced industrial edge as EIB finances BeDimensional with €20 million for new graphene and other 2D materials plants
October 18, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is offering Italian materials manufacturer BeDimensional SpA financial support to expand production of cutting-edge graphene that promises to help Europe bolster its industrial base and global competitiveness. The EIB is providing €20 million in venture debt financing to BeDimensional to help […]Germany: EIB backs Vay’s launch of teledriven car-sharing services
October 18, 2024 by 1 Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending €34 million to German teledriving technology startup Vay to help it develop its operations in Europe. The EIB loan will enable the Berlin-based company to accelerate the development of technology that enables a vehicle to be safely driven on city […]Team Europe launches new funding envelope to support economic growth in African, Caribbean and Pacific countries
October 15, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB Global) has signed agreements with seven EU Member States pledging just over €74 million to a new envelope under the ACP Trust Fund. This funding will promote inclusive and sustainable economic growth and human development, especially in least developed countries and fragile states in Africa, the […]Morocco: EIB, the EU bank, commits €1 billion to rebuild infrastructure following Al Haouz earthquake
October 14, 2024 by Leave a Comment
This article is published in association with European Investment Bank. On 10 October 2024, the European Investment Bank (EIB) announced the signing of an agreement with the Moroccan Ministry of Economy and Finance, in the presence of representatives of the Ministry of National Education, Pre-School and Sport, the Infrastructure and Water Ministry, and the Health Ministry, […]Italy: EIB and Intesa Sanpaolo announce agreement to stimulate up to €8 billion investment in the wind industry
October 14, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Intesa Sanpaolo have agreed on a new initiative with the potential to unlock investment of up to €8 billion for the European wind industry. It forms part of the EIB’s €5 billion wind power package, an investment plan announced by the EU […]Morocco: EIB, the EU bank, commits €1 billion to rebuild infrastructure following Al Haouz earthquake
October 11, 2024 by Leave a Comment
This article is published in association with European Investment Bank. On 10 October 2024, the European Investment Bank (EIB) announced the signing of an agreement with the Moroccan Ministry of Economy and Finance, in the presence of representatives of the Ministry of National Education, Pre-School and Sport, the Infrastructure and Water Ministry, and the Health Ministry, […]Germany: EIB and IKB help middle-sized companies to access sustainable finance
October 11, 2024 by 1 Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have started a new partnership to support investment by Germany’s mid-cap companies. Firms with up to 3.000 employees can apply to IKB for a long-term loan to finance their transition to a more sustainable business model. […]Energy rescue plan approved to finance EU-backed emergency heating and power projects for Ukraine ahead of winter season
October 9, 2024 by Leave a Comment
Energy rescue plan approved to finance EU-backed emergency heating and power projects for Ukraine ahead of winter seasonEIB Group and the European Defence Agency deepen partnership to strengthen European security and defence capabilities
October 8, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) Group and the European Defence Agency (EDA) have today reinforced their partnership to boost financing for Europe’s security and defence capabilities. Building on the Memorandum of Understanding (MoU) signed in 2018, the updated agreement was signed on 3 October 2024 during […]Poland: small and medium-sized companies to gain financing from €150 million EIB loan to Pekao Leasing
October 7, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending Poland’s Pekao Leasing €150 million to support the development of small and medium-sized enterprises (SMEs) in the country. The EIB credit to the unit of Bank Pekao SA will expand financing for Polish SMEs, with most of the funds going […]France: Biopharma Fabentech gets a €20 million EIB loan to advance preparedness against pandemics and biological threats
October 7, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European investment bank (EIB) and Fabentech, a leading French biopharmaceutical company specializing in the development and production of therapeutics against biological threats, have signed a €20 million financing under the HERA Invest mechanism. This €100 million initiative is part of the European Health Union and […]Latvia: EIB and Latvian government to collaborate on affordable rental housing
October 3, 2024 by 1 Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB), the Latvian Ministry of Finance and the Latvian State Real Estate Company (SRE) have joined forces to expand affordable housing in Latvia. The EIB’s Advisory Services will assist the Latvian government in devising a blueprint for the sector, including in the […]Spain: EIB and CriteriaCaixa sign loan to finance the construction of the CaixaResearch Institute, a research centre of “la Caixa” Foundation
October 1, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and CriteriaCaixa, holding company of “la Caixa” Foundation managing its business assets, have signed a €80 million loan to finance the construction and launch of the CaixaResearch Institute in Barcelona – Spain’s first biomedical research centre dedicated to the interdisciplinary study of […]EIB provides €220 million to Nexi to back digital payment innovation in Europe
September 30, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is providing €220 million in financing to Nexi Group, Europe’s largest PayTech company, to support innovation in the digital payments sector. The agreement was announced today in Milano by EIB Vice-President Gelsomina Vigliotti and Nexi Group CFO Bernardo Mingrone. Nexi will […]Germany: EIB boosts high-speed internet with €350 million InvestEU-backed loan
September 24, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending fibre broadband provider Deutsche Glasfaser (DG) €350 million to expand its network in Germany. The project will make high-speed internet available to some 460,000 homes and businesses in rural areas that lack high-capacity broadband. The network will provide retail […]Climate finance by multilateral development banks hits record in 2023
September 24, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Multilateral development banks (MDBs) announced today that their global climate finance reached a record high of $125 billion in 2023. The combined total last year from institutions, including the European Investment Bank, is more than double the amount provided in 2019, when MDBs announced their ambition […]InvestEU: EIB signs €166 million green loan with BNZ to deploy renewable energy plants in Spain, Italy and Portugal
September 19, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and BNZ have signed a €166 million loan to support the deployment of 17 solar photovoltaic plants across Spain, Italy and Portugal. This is the first tranche of a €500 million loan approved by the EIB to support BNZ’s roll-out of 1.7 GW of […]EIB Board of Directors approves €5.3 billion investment for climate resilience and business competitiveness
September 19, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The Board of Directors of the European Investment Bank (EIB) approved a total of €5.3 billion of new financing to bolster climate resilience of communities across Europe and back business investment that strengthens competitiveness, creates skilled jobs and unlocks innovation and growth. “The floods that hit […]European Union increases support for Moldova with investments in forest development and railway infrastructure
September 18, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Today at the Moldova Partnership Platform conference in Chișinău, the European Investment Bank (EIB Global) and the government of Moldova signed two agreements aiming to enhance the country’s economic and environmental resilience. EIB Vice-President Teresa Czerwińska, alongside Moldovan President Maia Sandu and Ambassador of the European Union […]Lithuania: Kaunas to get modern and greener heating with €35 million support from EIB
September 17, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Kauno Energija, the district utility company in the Lithuanian city of Kaunas, will upgrade and extend its district heating and hot water supply system with €35 million in support from the European Investment Bank (EIB). The EIB loan for the energy improvements in Kaunas, which is […]Italy: EIB and Natixis CIB provide €97 million in financing to Libeccio for new state-of-the-art wind farm in Sicily
September 17, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed a €97 million finance contract with Natixis Corporate and Investment Banking (Natixis CIB) and Libeccio S.r.l., a special purpose vehicle owned by Fabbrica Energie Rinnovabili Alternative S.r.l. (FERA) and Byom S.r.l. The aim of this financing is to build a […]South Africa: EIB and FirstRand Bank boost renewable energy investments with € 400 million/ZAR 7.9 billion initiative
September 13, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Danish food innovator MATR Foods signed a €20 million loan agreement with the European Investment Bank (EIB) to expand production of plant-based meat-alternatives. The EIB funding, supported by the InvestEU initiative of the European Commission, will enable MATR to build a first-of-its-kind plant for the production […]South Africa: EIB and FirstRand Bank boost renewable energy investments with € 400 million/ZAR 7.9 billion initiative
September 13, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Renewable energy projects developed by independent power producers in South Africa received a € 400 million (ZAR 7.9 billion) boost with today’s announcement of a joint initiative between the European Investment Bank (EIB) and FirstRand Bank Ltd. A € 200 million (ZAR 3.9 billion) loan from the EIB will […]Ukraine: Two renovated schools in Vinnytsia Oblast open for new school year with the EU bank support
September 12, 2024 by Leave a Comment
This article is published in association with European Investment Bank. Two schools in Ukraine’s Vinnytsia Oblast – the Lyceum №2 in Stryzhavka village and Miziakivsko-Khutirskyi Lyceum in Miziakivski-Khutory village – have reopened after significant renovations, just in time for the new school year. The two schools have been equipped with energy-efficient technologies, including upgraded wall and […]EIB advocates for more investment and green financing at Poland’s leading economic conference
September 9, 2024 by Leave a Comment
This article is published in association with European Investment Bank. European Investment Bank delegation led by Vice-President Teresa Czerwińska participated in the Economic Forum, Poland’s leading economic conference that took place in the south-western town of Karpacz on Sept.3-5. For the second year running, the EIB contributed to a respected economic report authored by Poland’s top […]Partners in progress – Leading African fund managers will gather for the third time at Oxford’s Saïd Business School to boost Africa’s rising tech potential
September 5, 2024 by Leave a Comment
This article is published in association with European Investment Bank. From 9 to 13 September 2024, Boost Africa and AfricaGrow will host 44 leading fund managers from 33 African venture capital (VC) funds, including Partech, AfricInvest, TLcom, Norssken, Speedinvest, and others at Oxford university’s Saïd Business School. The Africa Venture Finance Programme (AVFP), a week-long, in-person […]Bosnia and Herzegovina: EIB representation in Sarajevo marks five years of successful operation
September 3, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The representation of the European Investment Bank (EIB) in BiH is celebrating the fifth anniversary since its opening. With over €900 million allocated to new investments since 2019, the EIB has provided favourable financial conditions to projects across the country, often combined with grants from the European […]Slovenia’s electricity grid to be upgraded with €50 million EIB loan to Elektro Ljubljana
September 3, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending Slovenian electricity company Elektro Ljubljana €50 million to expand and upgrade the power-distribution network in central and southeastern parts of the country. EIB Vice-President Kyriacos Kakouris and Elektro Ljubljana President of the Management Board Urban Likozar signed the credit […]EIB Board of Directors approves €10.8 billion of new financing for energy, business, health, housing and education
August 30, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The Board of Directors of the European Investment Bank (EIB) today backed €10.8 billion of new financing to support renewable energy, restore degraded forests, build affordable homes, new hospitals and better schools, upgrade water, transport and communications networks, and enable businesses to innovate and create jobs. […]Finland: EU and Sibanye-Stillwater, through its Keliber lithium project, join forces in €150 million deal to improve EU access to and resilience in battery materials
August 26, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is spearheading a €150 million out of a €500 million financing package for Keliber Oy, a Finnish mining and battery-material processing company. Keliber Oy is a subsidiary of the diversified mining and metals processing Group Sibanye-Stillwater, with Finnish Minerals Group (FMG) […]InvestEU: EIB signs €50 million green loan with Matrix Renewables to deploy 5 new solar photovoltaic plants in Spain
August 6, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and Matrix Renewables have signed a €50 million green loan to support the design, construction, and operation of 5 solar photovoltaic plants with an installed capacity of 240 MW located in the regions of Castilla y Leon and Extremadura in Spain. […]
