Morocco is speeding up efforts to harness its vast offshore wind potential, aiming to capitalise on…
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EIB, FirstRand Bank Invest €400m in Renewable Energy Projects
The European Investment Bank (EIB) and South Africa’s FirstRand Bank joint initiative have offered several solar and wind projects…
Husk Power Secures $20 Million From EIB to Expand Operations in Nigeria
On Thursday, March 28, 2024, Husk Power Systems announced $20 million in debt financing from the…
EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe
The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…
EIB Opens Hub in Egypt for Climate, Energy Funding
On Monday, the European Investment Bank (EIB) officially opened its new regional hub in Cairo, Egypt,…
EIB, Alexbank Offers $15m Finance to Cut Energy Bills in Egypt
The European Investment Bank (EIB) and Alexbank, a bank of Intesa Sanpaolo group, made public on…
Africa Has Potential to Produce €1trn Worth of Green Hydrogen -EIB
EIB says Africa could produce €1 trillion in green hydrogen per year by 2035. According to…
France: EIB and Emotors sign further loan agreement for €85 million to support research and production of new electric vehicle motors
The project encompasses investments by Emotors to research and develop electric vehicle propulsion technologies and produce…
EIB and DBSA to Co-Finance €400m for Clean Energy in SA
The European Investment Bank (EIB) signs a partnership with the Development Bank of South Africa (DBSA)…