EIB President highlights new gender and digital investment initiatives to accelerate economic recovery across Africa
The strengthened support for gender focused and digital investment were outlined at the Summit on the Financing of African Economies convened in Paris by President Macron and attended by Heads of State and Government from across Africa and Europe.
In the spotlight
The EU’s climate bank
The European Investment Bank is one of the world’s main financers of climate action. The decade 2021-2030 is critical to address our planet's climate and environment emergency. To achieve this, trillions of investment are required. The European Union and the EIB Group play a leading role in implementing the Paris Agreement. We place sustainability at the heart of our activities.
The EIB and development
For more than 50 years, the EIB has been the European Union’s international development bank. Our key investments across the world help create stability, sustainable growth and fight climate change everywhere.In 2020, we invested around €10 billion for development projects beyond Europe. Our lending to Africa increased 50% to almost €5 billion. We help the continent strengthen its economy, support local businesses, fight climate change, foster innovation and build sustainable infrastructure.
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