The European Investment Bank’s development arm, EIB Global, invested €3.1 billion across Africa in 2025, representing roughly one-third of the more than €9 billion deployed globally.
- •The bank has said that 46% of its Africa financing was directed toward climate action and environmental sustainability.
- •The largest recipient countries were Morocco, Nigeria, Mauritania, Egypt and Malawi, alongside smaller markers such as The Gambia, São Tomé and Príncipe and Cabo Verde.
- •A large chunk of the 2025 commitments supported small and medium-sized enterprises (SMEs), mainly through credit lines to local financial institutions and investments in venture capital funds.
“As the financing arm of the European Union, owned by its 27 member states, we are making a difference where it matters most: in high impact projects that people can feel on the ground and that
communities across Africa can rely on,” said EIB Group President Nadia Calviño.
The projects included support for blue economy initiatives in Mauritania and Cabo Verde, upgrades to the cocoa sector in Côte d’Ivoire, and backing for agricultural value chains in Sierra Leone and Guinea. In Cameroon, rural electrification programmes are expected to improve access to power for more than 1.6 million people.
In the health sector, EIB Global signed a guarantee agreement with MedAccess to expand access to essential medical supplies. The operation forms part of the Human Development Accelerator, a joint programme involving the European Commission, the EIB and the Gates Foundation. The bank also supported mRNA vaccine production in Rwanda and continued work with BioNTech on manufacturing initiatives in Senegal and Ghana. In Angola, it helped finance a national vaccination campaign targeting more than two million girls against cervical cancer.
In North Africa, EIB Global financed drinking water infrastructure in Morocco to strengthen climate resilience and expand access in smaller cities and rural areas. It also supported post-earthquake reconstruction of schools, hospitals and transport links. In Egypt, the bank provided a €21 million EU grant to advance industrial decarbonization and recycling, backed the Obelisk solar photovoltaic project, and invested in the RMBV North Africa Fund III to support private sector growth.
Overall, the bank committed more than €350 million to new investment funds in 2025, including vehicles managed by Amethis and Ardian. Through the Boost Africa initiative, it also supported the Africa Venture Finance Programme hosted by Oxford University’s Saïd Business School, with more than 40 Africa-based venture capital fund managers participating during the year.
In 2025, the EIB Group also reported reaching its €100 billion investment mobilization target under Global Gateway ahead of the 2027 deadline, with 75% of investments outside the EU aligned to the strategy.
Beyond direct financing, the EIB works with the World Bank Group to co-lead the Global Emerging Markets Risk Database (GEMs), a consortium of multilateral development banks and development finance institutions that pools historical credit risk data from emerging markets to improve risk assessment and help mobilize private capital.
Over the past four years, EIB investments have mobilized €73 billion across Africa.
