The European Investment Bank, through its development arm EIB Global, deployed €3.1 billion in financing across Africa in 2025, marking a significant milestone in supporting sustainable development and private-sector growth on the continent, as reported by Business Insider Africa.
A substantial portion of the funding of small and medium-sized enterprises (SMEs) through credit lines, venture capital, and private-sector initiatives, strengthening Africa’s entrepreneurial ecosystem and stimulating new business activity. Investments also focused on clean energy, including the Obelisk solar photovoltaic project, now the continent’s largest solar and battery storage facility and decarbonization projects in Egypt, supporting regional energy transitions and resilience, according to Business Insider Africa.
Health initiatives formed another key pillar of the 2025 funding package. EIB Global expanded support for access to essential medical supplies and mRNA vaccine production in countries such as Rwanda, Senegal, and Ghana, and helped finance Angola’s first national HPV vaccination campaign, reaching over two million girls. These efforts aimed to strengthen health security and build local manufacturing capacity for vaccines and treatments, as detailed by Business Insider Africa.
Additional initiatives included rural electrification in Cameroon, benefiting more than 1.6 million people, transport and water infrastructure in Morocco, and agricultural value-chain development in Sierra Leone and Guinea. EIB Group President Nadia Calviño noted that the €3.1 billion in African financing forms part of a broader €9 billion global deployment under EIB Global, aligning with the European Union’s Global Gateway strategy, which achieved its €100 billion mobilization target ahead of schedule, according to reporting by Business Insider Africa.
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