Grace Ashiru
The European Investment Bank Group deployed €3.1 billion in Africa through EIB Global, its international development finance arm, in 2025, according to a February 24, 2026 statement. The amount represented approximately one-third of the more than €9 billion EIB Global deployed globally during the year. Approximately 46% of the Africa allocation, or €1.4 billion, was directed toward climate action and environmental sustainability projects, according to EIB data.
The key sectors were support for small and medium-sized enterprises through credit lines, investment in venture capital funds, sustainable energy, transport infrastructure, water, and health, according to the statement.
The top beneficiary countries were Morocco, Nigeria, Mauritania, Egypt, and Malawi. EIB Global also worked in The Gambia, São Tomé and PrÃncipe, and Cabo Verde, according to the statement.
In Morocco, EIB Global signed €740 million in financing in 2025, the largest amount since 2012, according to separate EIB documentation. Projects included drinking water production and distribution infrastructure for smaller cities and rural areas, and post-earthquake recovery focusing on reconstruction of schools, hospitals, roads, and infrastructure integrating climate-resilient design and energy efficiency standards.
In Egypt, the Bank provided a €21 million EU grant for industrial decarbonization and recycling enhancement. It backed the Obelisk solar photovoltaic project, described as the largest solar and battery storage facility in Africa, and invested in RMBV North Africa Fund III for private sector growth.
Projects in sub-Saharan Africa included blue economy development in Mauritania and Cabo Verde, cocoa sector support in Côte d’Ivoire, agriculture value chains in Sierra Leone and Guinea, and rural electrification in Cameroon benefiting more than 1.6 million people. In Angola, EIB Global helped finance a national vaccination campaign to immunize over 2 million girls against cervical cancer. In Rwanda, the Bank supported mRNA vaccine production with BioNTech.
EIB Global committed more than €350 million to investment funds in 2025, including vehicles managed by Amethis and Ardian. The Africa Venture Finance Programme at Oxford University’s Saïd Business School trained over 40 Africa-based venture capital fund managers in 2025.
In 2025, EIB Global reached its €100 billion investment mobilization goal under the EU Global Gateway strategy ahead of the 2027 deadline. Seventy-five percent of the Bank’s investments outside the European Union supported Global Gateway projects, mobilizing over €20 billion, according to the statement. Over the past four years, EIB investments have mobilized €73 billion across Africa, according to EIB data.
Nadia Calviño is President of the EIB Group. The European Investment Bank is owned by the 27 EU Member States. EIB Global is the Bank’s specialized arm for international partnerships and development finance.
