EIB Global pledges more than €1 billion in support of Mission 300 Goals
Luxembourg, March 5 -- The European Investment Bank (EIB) pledged to deliver more than €1 billion of financing for renewable energy projects in Sub-Saharan Africa, supporting the goals of Mission 300 - to bring electricity to 300 million people on the continent. EIB Group President Nadia Calvino announced the pledge at the EIB Group Forum.The financing will be implemented through EIB Global, the EIB Group's dedicated arm for development finance and international partnerships, and will support hydropower plants, large and small scale solar power plants, wind farms and energy networks, aligned with the EU's Global Gateway strategy. The Sub-Saharan Africa-focused pledge is part of a broader push for renewable energy projects in the entir...
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