Richard Willis
- European Investment Bank
- Communication Department
- 98-100, boulevard Konrad Adenauer
- L-2950 Luxembourg
TowerCo of Africa Uganda has secured US$40 million long-term financing from European development finance partners, including the European Investment Bank, the Development Bank of Austria (OeEB) and Belgian Investment Company for Developing countries, to support new investment aimed at significantly improving mobile phone network coverage in rural areas of Uganda, unlocking digital empowerment and economic advancement.
The EIB has agreed to provide a EUR 250 million project finance loan to TMT - TLV Metropolitan Tramway LTD for construction of the new Tel Aviv Green Line light rail project and acquisition of new rolling stock.
Rwanda and the European Investment Bank (EIB) today signed a Joint Declaration enabling a strategic alliance to enhance investment in critical raw material value chains. This landmark agreement will strengthen technical and financial cooperation to identify critical raw material sector investment that creates skilled jobs, supports economic development, and ensure environmentally and socially responsible development of critical raw material resources.