Sub-Saharan Africa, Caribbean and Pacific
The EIB invests in a wide range of projects in sub-Saharan Africa, the Caribbean and the Pacific and the Overseas Countries and Territories, from providing the financial support to allow microfinance institutions to lend small amounts to microenterprises and innovators, up to large infrastructure projects.
What all of these projects have in common is their impact. Our activities in the ACP region are designed to improve lives, create opportunities for people and for businesses and support sustainable economic development, in line with the EU’s New Consensus for Development and the UN Sustainable Development Goals.
In 2016, we invested EUR 765m in 29 projects across sub-Saharan Africa, the Caribbean and the Pacific, and the Overseas Countries and Territories.
More on our impact in ACP
The Compagnie Agricole de Saint Louis is setting up all of the facilities required to produce rice on a large scale on the Senegal River delta.
Investment in Africa means jobs that don’t force people to leave their homes and families.
How the EU bank is helping some of the islands most vulnerable to climate change to adapt and mitigate its effects.
This new initiative aims at boosting the entrepreneurial power of Africa’s youth by creating opportunity on the ground.
In the spotlight
As the bank of the European Union, the EIB started its work in Africa back in 1963 and since then a lot has changed. Supporting Africa’s increasingly prevalent mobile infrastructure and digital connectivity is crucial to help build networks and strengthen links.
The 5th African Union-European Union (AU-EU) Summit serves as a platform for dialogue between African and European nations. This year, the summit it focusses on common challenges and interests such as sustainable and inclusive development.
“The EIB Group has already invested in some 130 countries around the world, contributing to the achievement of the UN Sustainable Development Goals, in the process. Our engagement outside the EU also propagates the Union’s values and inspires others – in the private sector, but also other countries around the world – to follow suit.”
Annual Report 2016 on EIB activity in Africa, the Caribbean and Pacific, and the overseas territories
In this report on activities in the ACP regions, you can travel to heart of some of these ground-breaking projects and find out about the impact our investment is having on the ground in emerging economies.
The EIB remains committed to supporting good quality projects in Africa, the Caribbean and the Pacific (ACP). This booklet explains what we do, how we do it, and the ways in which our institution is evolving to meet the needs of people on the ground in the ACP regions.
The EIB has been active in Africa since 1963, investing over EUR 25bn in support of more than 1 200 public and private sector projects.
Overall, the EIB is looking to help the regions fulfil their potential, and we are working together with our partners to do exactly that, providing investment, technical assistance, support and expertise. The ACP region is primed for progress, being rich in natural resources, renewables and with favourable demographics.