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 Calviño announced the pledge at the EIB Group Forum.

The European Investment Bank (EIB) Group and the World Trade Organization (WTO) Secretariat have taken an unprecedented step to support sustainable global commerce and economic development. The EIB Group's arm for international partnerships and development finance, EIB Global, and the WTO Secretariat today signed a Memorandum of Understanding for cooperation to promote investment, facilitate trade and enhance commerce-related capacity building. The agreement will allow partner countries to benefit from the EIB's financial firepower supported by WTO’s regulatory reform agenda, in an integrated approach.