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EIB backs Africa Finance Corporation $750 Million Climate Resilient Infrastructure Fund

Luxembourg, Feb. 27 -- The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750 million Infrastructure Climate Resilient Fund (ICRF). This landmark... Read More


EIB Global and Sparkasse Bank team up to boost green investments in North Macedonia

North Macedonia, Feb. 27 -- The European Investment Bank (EIB) - via EIB Global - and Sparkasse Bank AD Skopje have held a workshop in Skopje to launch their partnership under the Greening Financial S... Read More


EIB finances with €20 million Universal DX to develop innovative diagnostic tests for early cancer detection

Spain, Feb. 27 -- The European Investment Bank (EIB) has signed a €20 million loan with Spain company Universal DX to support development and commercialization of cutting-edge blood-based liquid... Read More


EIB Global Invests $75 million in Helios Fund V to Support Africa's digitally focused businesses

Luxembourg, Feb. 27 -- The European Investment Bank (EIB Global) has announced a $75 million investment in Helios Investors V, L.P. (Helios Fund V). The announcement was made by EIB Vice-President Amb... Read More


Kenya Upgrades East Africa's busiest trade and transport route from Kwa Jomvu to Mariakani Under Global Gateway Initiative

Kenya, Feb. 27 -- The European Investment Bank (EIB Global), the Delegation of the European Union (EU) to Kenya and the German Development Bank (KfW) on behalf of the Federal Ministry for Economic Coo... Read More


EBRD revises down Ukraine's 2025 growth forecast

Ukraine, Feb. 27 -- Ukraine's economy, which grew 3.0 per cent in 2024 despite the pressures of Russia's full-scale war, is forecast to grow 3.5 per cent in 2025 and strengthen further to 5.0 per cent... Read More


EBRD forecasts economic pick up in the SEMED region

United Kingdom, Feb. 27 -- Economic growth in the southern and eastern Mediterranean (SEMED) region is expected to accelerate from 2.5 per cent in 2024 to 3.7 per cent in 2025 and 4.1 per cent in 2026... Read More


EBRD's 2025 growth forecast for Turkiye unchanged

Turkey, Feb. 27 -- The European Bank for Reconstruction and Development (EBRD) expects Turkiye's economy to grow by 3 per cent in 2025, unchanged from its September 2024 forecast.The Bank expects the ... Read More


Growth slows in EBRD regions amid fragmenting trade and investment

United Kingdom, Feb. 27 -- The European Bank for Reconstruction and Development (EBRD) has revised its regional economic forecast for 2025 downwards by 0.3 percentage points relative to its September ... Read More


KfW IPEX-Bank: Financing for fleet modernisation of Carisbrooke Shipping

Germany, Feb. 27 -- KfW IPEX-Bank is supporting the fleet renewal programme of the British shipping company Carisbrooke Shipping with financing amounting to around EUR 26 million. The financing is cov... Read More