The European Investment Bank’s development arm, EIB Global, committed €3.1 billion in financing across Africa in 2025, with nearly half of the funds directed toward climate and environmental sustainability projects across the continent.
According to investment insights released by Empower Africa, about 46 percent of the funding supported initiatives focused on renewable energy, water infrastructure, industrial decarbonisation, and blue economy projects aimed at strengthening environmental resilience.
Africa accounted for roughly one-third of EIB Global’s more than €9 billion global financing in 2025, highlighting the continent’s growing importance in the bank’s development strategy.
Beyond climate investments, a significant portion of the financing was channelled into small and medium-sized enterprises (SMEs) and broader private sector development. The bank provided credit lines to local financial institutions and committed over €350 million to investment funds designed to expand access to capital for African businesses.
The investment portfolio also covered projects across several key sectors. In West Africa, funds supported upgrades to agricultural value chains, while Rwanda, Senegal, and Ghana received backing for vaccine manufacturing initiatives aimed at strengthening health security on the continent. In Angola, EIB financing helped support a national cervical cancer vaccination programme targeting more than two million girls.
Country-level allocations showed a concentration of financing in some of Africa’s largest economies and emerging markets. Morocco, Nigeria, Mauritania, Egypt, and Malawi emerged among the largest recipients, while smaller economies such as The Gambia, São Tomé and Príncipe, and Cabo Verde also benefited from targeted investments.
In Egypt, the bank also deployed a €21 million European Union grant to support industrial decarbonisation and recycling initiatives as part of broader efforts to reduce emissions in the country’s manufacturing sector.
EIB-backed investments have mobilised about €73 billion across Africa over the past four years, reflecting growing international development financing aimed at supporting infrastructure, climate resilience, and private sector expansion.
Analysts say the 2025 funding allocation underscores a long-term trend of increasing climate-focused financing while continuing to support entrepreneurship and industrial development across African economies.
Source: Empower Africa Times