30 results
- 27 Jun 2018
European Investment Bank Plans €700m Investment in Nigeria
Ms Isabelle Grunderbeeck, the Regional Representative for West Africa of European Investment Bank (EIB), says the bank plans to invest 700 million euros in some identified projects in Nigeria.…
- 20 Jan 2021
AfDB, European Investment Bank Sign Joint Partnership Action Plan to Fast-track Development in Africa
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities…
- 19 Apr 2018
EIB, AfDB to invest US$70m in Development Bank of Nigeria
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment…
- 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…
- 15 Feb 2010
European Bank Loans $330 Million to 3 Nigerian Banks
European Investment Bank (EIB) has granted a N240 million loan ($330 million) to three Nigerian banks for the development of infrastructural facilities in the country. The three banks that benefited…
- 30 Jul 2015
RenCap Hires James Friel as Global Head of Investment Banking
Renaissance Capital, a leading emerging and frontier markets investment bank, has hired James Friel as Global Head of Investment Banking effective September 2015. Friel will oversee all investment…
- 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…
- 19 Dec 2016
FBN Capital Bags Investment Banking & Asset Management Awards
FBN Capital Limited, the Investment Banking and Asset Management business of FBN Holdings Plc, has again received the prestigious ‘Best Local Investment Bank in Nigeria’ and ‘Best Asset Manager in…
- 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…
- 19 Jun 2018
AfDB Joins Global Infrastructure Facility as Technical Partner
Africa’s infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water and Energy, that…
- 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…
- 19 Apr 2022
AfDB Earmarks €9.8m Equity Investment to Drive Tech
The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of €9.8-million to support venture capital investments in African start-ups, from seed to growth…
- 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…
- 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…
- 6 Nov 2022
Africa Investment Forum 2022 Draws $31 billion in Investor Interest
This year’s just concluded Africa Investment Forum Market Days—the continent’s premier investment platform—has drawn $31 billion in investment interest from African and global investors. Combined…
- 8 Sept 2008
EIB Grants N2Bn Aid to ICT Firms
The European Investment Bank (EIB) has made available some $20 million investment facility to Adlevo Capital Africa LLC to support the growing number of Information and Communications Technology…
- 6 Jul 2018
AfDB Convenes Africa Energy Market Place
Public, private and civil society stakeholders, including government agencies, development partners and investors in the energy sector began a two-day workshop yesterday to discuss the technical,…
- 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…
- 29 Mar 2018
AfDB Champions Africa’s Premier Investment Marketplace for Economic Transformation
To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier investment market. The Bank is providing collaborative leadership…
- 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…
- 29 Dec 2021
AfDB Approves €10.5m Pooled Investment in Startup Fund
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5m to drive technological innovation across sub-Saharan Africa. The AfDB announced this in a…
- 12 Nov 2018
AfDB Achieves Significant Progress with Energy Projects Across Africa
The just-concluded Africa Investment Forum successfully convened key stakeholders, and provided an unprecedented platform for effective dialogue to drive investments into the continent. Running on…
- 9 Nov 2024
African Fintech Sector Grows, Enhancing Access to Finance
A new European Investment Bank (EIB) research released yesterday shows the number of fintech companies in Africa has nearly tripled since 2020, boosting access to finance for people and businesses…
- 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…
- 5 Mar 2021
IFC Invests in Bolt to Expand Mobility Solutions in Emerging Markets
IFC, a member of the World Bank Group, is investing in the global mobility platform Bolt to help expand access to mobility and delivery services in underserved urban areas in Africa and Eastern…
- 16 May 2024
World Bank Blacklists 58 Nigerian Firms, Individuals over Corruption
World Bank has blacklisted 58 Nigerian companies and individuals for engaging in corrupt practices, a move which comes as part of the institution’s ongoing efforts to uphold integrity and…
- 22 Apr 2013
UN, AfDB, Others Agree to Share Data for Development
Ban Ki-Moon, UN secretary-general along with leaders of six multilateral financial institutions, have announced that they would strengthen inter-agency sharing and collaboration on issues related to…
- 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…
- 24 Jul 2018
Keystone Bank Emerges Best Innovative Bank in Africa
Fastest growing financial institution in Nigeria, Keystone Bank Limited, has once again added to its growing list of laurels as the lender recently emerged ‘Africa’s Most Innovative Bank of the Year,…
- 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…