The G7 Development Finance Institutions (DFIs) today announced the establishment of the G7 Infrastructure Investment Council (“the Council”), a key initiative to scale infrastructure investments for economic prosperity in emerging markets and developing economies. The announcement took place ahead of the G7 Development Ministerial during the Annual Meetings of the International Monetary Fund and the World Bank Group.
With an estimated $4.2 trillion needed annually for infrastructure investment worldwide, the majority of which is concentrated in emerging markets, the Council establishes the first systematic framework for G7 DFI coordination with investors to unlock private capital at the scale required.
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Serbia to enhance road connectivity with €150 million loan from EIB Global
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EIB invests €50 million in Amber Dragon, the first-ever infrastructure equity fund for Ukraine’s recovery
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The European Union (EU) and its bank, the European Investment Bank (EIB Global), have signed a 34 million euros investment grant to support the rehabilitation and expansion of Cabo Verde’s main ports and its main shipyard. This new grant complements 114 million euros in EIB financing signed in 2024 with the Republic of Cabo Verde. Together, the funding forms around 148 million euros on concessional financing package to enable strategic investments in port infrastructure.