With these financing operations in the energy and water sectors, the European Investment Bank aims to promote the development of a green economy in Africa whilst continuing to support small businesses and the healthcare sector.

On the margins of the EU-Africa forum jointly organised with the Portuguese Presidency of the Council of the European Union, the EIB announced on Friday 23 April 2021 that it will provide €340 million to finance “green” projects on the African continent.

EIB has been a key partner in Africa for almost 60 years and, in 2020, signed nearly €5 billion in loans on the continent — a new record

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