Update Review of Anti-Fraud Policy and Procedures

From 1-4 October 2024, the EIB Group’s Complaints Mechanism (EIBG-CM) participated in the 21st edition of the Annual Meeting of the Independent Accountability Mechanisms Network (IAMnet) held in Manila this year.

The Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF) gathered in Warsaw on 30 September and 1 October, to meet local authorities and discuss new initiatives and financing instruments that will help channel savings into productive investment for the benefit of Europe’s economies. In meetings with Polish officials, EIB Group President Nadia Calviño reiterated that the EU’s financial arm is ready to support reconstruction works in the aftermath of the recent catastrophic floods, and further scale up the financing for climate resilience projects in Poland and Central Europe.

African venture capital (VC) fund managers First Circle Capital, SpeedInvest and Knife Capital have all received awards recognising their success in supporting promising entrepreneurs and start-ups across African countries. The awards were presented during the Africa Venture Finance Programme, a week-long, in-person course, organised for the third time at Oxford university’s Saïd Business School from 9 to 13 September 2024. The programme aims to support VC fund managers investing in early and growth-stage technology companies in Africa, with Boost Africa and AfricaGrow hosting 41 leading fund managers from 31 African VC funds.