EIB Global invested €3bn in Africa in 2025

The European Investment Bank (EIB) Group said it deployed more than €9 billion through EIB Global, its arm for international partnerships and development finance, in 2025.

Of this figure, Africa received €3.1 billion. The key sectors were support for small and medium-sized enterprises (SMEs) through credit lines, and investment in venture capital funds, sustainable energy, transport infrastructure, water and health.

“The top beneficiary countries in Africa were Morocco, Nigeria and Mauritania, as well as Egypt and Malawi,” said the EIB.

“EIB Global also worked in smaller countries such as The Gambia, São Tomé and Príncipe, and Cabo Verde.

“Flagship projects in sub-Saharan countries include the development of the blue economy in Mauritania and Cabo Verde. EIB Global also reinforced the cocoa sector in Côte d’Ivoire and backed agriculture value chains in Sierra Leone and Guinea, with targeted support for SMEs, gender equality and youth employment.

“The Bank improved access to electricity in rural communities throughout several regions of Cameroon, which will benefit more than 1.6 million people.

“In Morocco, EIB Global financed secure drinking water production and distribution to support climate-resilient water infrastructure and equitable access to potable water for smaller cities and rural areas.

“We also supported post-earthquake recovery through a large-scale programme focusing on the reconstruction and rehabilitation of schools, hospitals, roads and essential infrastructure, integrating climate-resilient design, energy efficiency and social standards.

“In Egypt, the Bank helped to advance the country’s green transition with a €21 million EU grant to decarbonise industry and enhance recycling. It also backed the Obelisk solar photovoltaic energy project – the biggest solar photovoltaic plant and battery storage facility in Africa – and invested in the RMBV North Africa Fund III to boost private sector growth.

In the health sector, EIB Global signed a guarantee agreement with MedAccess to expand access to essential medical supplies across Africa. The agreement is among the first operations under the Human Development Accelerator (HDX), a joint programme between the European Commission, the EIB and the Gates Foundation.

“The initiative also included support for the production of mRNA vaccines in Rwanda. With BioNTech, we are building on work to support local vaccine manufacturing in Senegal and Ghana. In Angola, EIB Global helped to finance the country’s first national vaccination campaign to immunise over 2 million girls against cervical cancer.

“Under the Boost Africa initiative, EIB Global backed the Africa Venture Finance Programme organised at Oxford University’s Saïd Business School.

“In 2025, over 40 Africa-based venture capital fund managers benefited from this programme, promoting investment in Africa with a special focus on innovative companies, young people and female entrepreneurs.

“More broadly, EIB Global committed more than €350 million to new funds in 2025, including those deployed by Amethis and Ardian to boost businesses and new projects in Africa.”

Over the past four years, EIB investments have mobilised €73 billion across Africa.

“In 2025, the EIB stepped up its support for win-win partnerships in Africa based on mutual respect. As the financing arm of the European Union, owned by its 27 member states, we are making a difference where it matters most: in high‑impact projects that people can feel on the ground and that communities across Africa can rely on,” said EIB Group President Nadia Calviño.