EIB strengthens engagement in Africa
The EIB's new hub in Nairobi opens a new chapter for the bank's engagement with Kenyan, African and global partners.
In the spotlight
The EU’s climate bank
The European Investment Bank is one of the world’s main financers of climate action. The decade 2021-2030 is critical to address our planet's climate and environment emergency. To achieve this, trillions of investment are required. The European Union and the EIB Group play a leading role in implementing the Paris Agreement. We place sustainability at the heart of our activities.
The EIB and development
For more than 50 years, the EIB has been the European Union’s international development bank. Our investments across the world help create stability, sustainable growth and fight climate change everywhere.
In 2020 we invested around €10 billion for development projects across the world. Our lending to Africa increased 50% to €5 billion. We help the continent strengthen its economy, support local businesses, fight climate change, foster innovation and build sustainable infrastructure.
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