Browsing: EIB

  • The European Investment Bank (EIB) and the City Climate Finance Gap Fund (Gap Fund) will support the municipality of Chefchaouen, Morocco to optimize municipal waste management services.
  • The technical assistance implemented by the Gap Fund will make it possible to carry out a pre-feasibility study to assess, develop and organize waste management, in accordance with the city’s master plan.
  • This project will contribute to the achievement of local and national environmental and climate objectives, while improving the quality of life of the inhabitants.

The European Investment Bank (EIB) has announced plans to assist Morocco improve management, treatment and recovery of organic waste. The technical assistance will be implemented by the City Climate Finance Gap Fund for the benefit of the municipality of Chefchaouen.

The technical and financial support first provides for an assessment of the composition of household waste to estimate its economic potential. It will enable the development of …

European Union Investment in Tanzania
  • The European Union Investment Bank (EIB) have agreed with commercial banks to unlock a whole new business financing valued at around $580 million.
  • The EU is optimistic about the government’s efforts to attract businesses and support investment
  • Tanzania Development Vision (TDV) 2025 indicates that about 54.3 percent of Tanzania’s small, medium and micro enterprises (MSMEs)

Over the past two years, President Samia’s administration has not only brought back confidence to investors who left Tanzania but attracted new ones and reinforced the old partners, including the United States.

Tanzania is walking confident with almost $1 billion in investment from various companies from the US, thanks to President Samia’s US visit in April 2022.

The European Union Investment Bank (EIB) and other investors have agreed with commercial banks in Tanzania to unlock a whole new business financing valued at around $580 million.

The support is breathing life into additional capital to small …

Dakar hosts European investors as EIB commits €3 billion

The Senegalese capital of Dakar is hosting Africa Day 2020 with the European Investment Bank (EIB) and UN-Habitat presenting various opportunities for investors, with an aim of increasing levels of investment in the housing and habitat in the continent.

Africa Day gathers participants from Africa, Europe, and others parts of the world to debate the challenges and solutions for the continent in development, digitalization, sustainability, jobs for young people and many other areas. “Cities for people” is the main topic at EIB Africa Day conference.

More than 400 government ministers, business leaders, academics and civil society representatives, as well as mayors from across Africa, are sharing sustainable urban development best practice, confirm new investment across the continent and visit high impact projects financed by the EIB.

High-level speakers, from Africa and Europe, will attend Africa Day 2020 to share their experiences and expertise. EIB President Werner Hoyer, EIB Vice-President Ambroise …