Browsing: SheInvest

European Investment Bank launches EUR 1 Billion SheInvest for Africa

The European Investment Bank (EIB) has launched a new initiative to boost gender equality and female economic empowerment. The aim of SheInvest is to mobilise EUR 1 billion of investment that can benefit millions of women across Africa with better access to finance and by making sustainable infrastructure services and products work for them.

This initiative was launched simultaneously at the Africa Investment Forum in Johannesburg and at the EIB headquarters in Luxembourg.

Building on experience in northern and sub-Saharan African countries as well as in gender-focused lending, the EIB will step up efforts to further invest in projects, sectors and markets that have a transformative effect on gender equality and can increase the capacity of women and girls to participate in the economy and labour market.

“Unlocking the potential of women is key to boosting Africa’s economic growth. In several African countries many women still lack access to basic …