Today, new wind turbines and a battery system were inaugurated in Cabo Verde, thanks to additional financing of more than €39 million from the European Investment Bank (EIB), through its development arm EIB Global, and backed by EU guarantees. The African Development Bank has co-financed the expansion.
On the sidelines of the Africa Investment Forum 2025, the European Investment Bank (EIB Global) and the African Development Bank (AfDB) signed a joint financing package of US$ 275 million to modernise Mauritania’s main railway corridor linking the iron ore mining hub of Zouerate to the Atlantic port of Nouadhibou.
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.