Press secretariat

The European Investment Bank (EIB) and MedAccess announced today the signing of an innovative Guarantee Agreement to help improve access to critical health products in Africa. The agreement is one of the first operations under the Human Development Accelerator (HDX)*, a joint programme between the European Commission (EC), the EIB and the Gates Foundation, to accelerate investment opportunities that enable greater access to and affordability of health products in low- and middle-income countries. It fully aligns with the European Union’s Global Gateway Strategy.

The European Investment Bank (EIB) is lending 1.1 billion Swedish kronor (around €100 million) to forest-industry group Holmen to expand its renewable energy generation. The financing will support the ongoing expansion of onshore wind installations in northern Sweden, strengthening the country’s clean-energy supply and reducing greenhouse gas emissions.

The European Investment Bank (EIB) signed a €20 million investment in the Amethis Europe Expansion Fund, a new private equity vehicle designed to support European small and medium-sized enterprises (SMEs) expanding their business in Africa, as well as in Europe and the Middle East. The initiative aims to strengthen economic ties between Europe and Africa, foster private sector development and promote sustainable and inclusive growth.