17 results
- 10 Jan 2024
EIB Global Invests $30M in Seedstars Africa Ventures I
Innovative businesses and start-ups across Africa will benefit from better access to risk capital thanks to a US$30 million equity investment by EIB Global in the Seedstars Africa Ventures I venture…
- 20 Mar 2026
African Tech Start-ups to Receive $46m of Speedinvest Africa Fund
African technology start-ups will receive a $46 million (€40 million) commitment from EIB Global, the development arm of the European Investment Bank (EIB). The funds will be deployed through the…
- 6 Mar 2023
European Investment Bank Unveils Fibre Plan for 2.5m Africans
As efforts to close the gap on digital divide in Africa accelerate, European Investment Bank (EIB) has unveiled a bold plan to connect more than two million people in the Democratic Republic of the…
- 23 Mar 2016
IFC, Ecobank, Other Partner to Boost SME Finance Across Africa
IFC, a member of the World Bank Group, the European Investment Bank (EIB) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group and leading pan-African full-service…
- 21 Jun 2026
BoI's EIB-Backed Financing Accelerates Fidson's Pharmaceutical Manufacturing Growth
Fidson Healthcare Plc has commended the Bank of Industry (BoI) for its pivotal role in facilitating concessionary financing that is accelerating the growth of Nigeria's pharmaceutical manufacturing…
- 8 Dec 2024
Seedstars Africa Ventures I Announces $42m First Close
Seedstars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has achieved a first close of $42 million, with participation from the…
- 16 Jul 2026
BOI Pledges to Drive Nigeria's Cocoa and Dairy Sectors with 70% of its €85m EIB Facility
Bank of Industry (BOI) has secured a €60 million credit facility from the European Investment Bank to fund Nigeria’s cocoa and dairy value addition drive, with a focus on processing, ingredients and…
- 19 Jul 2022
AfricInvest, Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund
AfricInvest, a multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African Venture fund, Cathay AfricInvest…
- 13 Oct 2025
EU Grants Nigeria N320.5Bn to Boost Agriculture
European Union’s development cooperation with Nigeria has received a boost with a N320.5 billion (€190 million) credit line allocated to Nigerian commercial banks to broaden their lending to the…
- 21 Nov 2016
AfDB, EIB Launch Initiative to boost Innovative Entrepreneurs Across Africa
Boost Africa Initiative, a unique partnership in support of innovation and entrepreneurship across Africa has been launched on Monday, in Abidjan by the European Investment Bank (EIB) and the African…
- 2 Aug 2021
Agusto & Co Assigns ‘AAA’ Rating, Stable Outlook on DBN
Agusto & Co., a credit rating agency assigns an “AAA” rating on the Development Bank of Nigeria Plc, DBN, the highest rating possible on any institution. In summarizing the rating, which…
- 21 Mar 2022
IFC, African and European Partners Launch Alliance to Support SMEs in Africa
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral and bilateral partners today launched the…
- 25 Mar 2026
EU Pumps €290m into Nigeria’s Digital, Health, Agri Sectors
European Union has unveiled a €290 million investment package for Nigeria, targeting key sectors including digital infrastructure, healthcare manufacturing, agriculture, and migration management. The…
- 6 Oct 2014
FG urges EU to Invest in Development Bank
Federal Government has urged the European Union to invest in the proposed Wholesale Development Bank through the union’s development financing outfit, the European Development Bank. A statement from…
- 9 Oct 2017
EU Seeks Youth Participation in Economic Transformation Through ICT
Participants at the European Union- Nigeria Business Forum have expressed optimisms in the potency of the information and communication industry to provide grounds for youths to thrive. The…
- 29 Jul 2015
Convergence Partners Concludes Plans for $200m Pan-African ICT Infrastructure Fund
Convergence Partners, an investment management firm focused on the African telecommunications, media and technology sector, on Tuesday announced the successful final close of its Convergence Partners…
- 2 Oct 2013
AfDB Invests $70m n PTA Bank to Boost Trade in Africa
Board of Directors of the African Development Bank (AfDB) has approved a financial package consisting of $20 million in additional equity and a $50-million line of credit (LOC) to finance projects in…