European Investment Bank Deployed €3.1 Billion in Africa in 2025
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The European Investment Bank Group deployed €3.1 billion in Africa in 2025 through EIB Global, its international development finance arm, the bank said in a February 24, 2026 statement. The allocation accounted for roughly one-third of the more than €9 billion that EIB Global deployed worldwide in 2025, with approximately €1.4 billion (46% of the Africa total) earmarked for climate action and environmental sustainability.
"The European Investment Bank Group deployed €3.1 billion in Africa through EIB Global in 2025," the statement said, noting that the funds supported a mix of public- and private-sector projects across multiple countries and sectors.
Context and details
EIB Global focused its 2025 Africa portfolio on support for small and medium-sized enterprises via credit lines, investments in venture capital funds, and infrastructure in sustainable energy, transport, water and health. The top beneficiary countries named in the statement were Morocco, Nigeria, Mauritania, Egypt and Malawi, with activities also recorded in The Gambia, São Tomé and Príncipe and Cabo Verde.
- Morocco: The EIB signed €740 million in financing in 2025 — the largest annual amount since 2012 — including projects for drinking water production and distribution in smaller cities and rural areas and post‑earthquake recovery work on schools, hospitals and roads incorporating climate‑resilient design and energy efficiency standards.
- Egypt: The Bank provided a €21 million EU grant for industrial decarbonization and recycling enhancement, 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 to spur private‑sector growth.
- Sub‑Saharan projects: EIB Global supported blue economy development in Mauritania and Cabo Verde; cocoa sector initiatives in Côte d'Ivoire; agriculture value chains in Sierra Leone and Guinea; and rural electrification in Cameroon that benefits more than 1.6 million people.
- Health and vaccines: In Angola, financing helped a national vaccination campaign to immunize over 2 million girls against cervical cancer. In Rwanda, EIB Global supported mRNA vaccine production in partnership with BioNTech.
- Investment funds and capacity building: The Bank committed more than €350 million to investment vehicles in 2025, including funds managed by Amethis and Ardian, and the Africa Venture Finance Programme at Oxford University's Saïd Business School trained over 40 Africa‑based venture capital fund managers.
Outlook
The EIB Group, owned by the 27 EU Member States and led by President Nadia Calviño, said EIB Global reached the €100 billion investment mobilization goal under the EU Global Gateway strategy ahead of the 2027 deadline. The Bank reported that 75% of its investments outside the EU supported Global Gateway projects, mobilizing over €20 billion, and that EIB investments have mobilized €73 billion across Africa over the past four years. With continued commitments to climate action, health and private‑sector growth, the EIB's 2025 programme signals a sustained push to blend finance, capacity building and infrastructure investment across North and sub‑Saharan Africa.