The European Investment Bank’s development arm, EIB Global, invested €3.1 billion in Africa in 2025, accounting for one-third of the €9 billion it deployed globally during the year.

Nearly 46% of the Africa portfolio focused on climate action and environmental sustainability. Investments targeted small and medium-sized enterprises through credit lines and venture capital, as well as renewable energy, transport, water and health.

Top beneficiary countries included Morocco, Nigeria, Mauritania, Egypt and Malawi, with additional support to smaller states such as The Gambia, São Tomé and Príncipe and Cabo Verde.

Key projects included development of the blue economy in Mauritania and Cabo Verde, support for cocoa production in Côte d’Ivoire, agricultural value chains in Sierra Leone and Guinea, and rural electrification in Cameroon benefiting more than 1.6 million people.

In health, EIB Global signed a guarantee with MedAccess to expand access to essential medical supplies under the Human Development Accelerator programme. It supported mRNA vaccine production in Rwanda, local manufacturing in Senegal and Ghana with BioNTech, and financed Angola’s first national vaccination campaign immunising over two million girls against cervical cancer.

The Bank committed more than €350 million to new venture capital funds in 2025 and supported over 40 Africa-based fund managers under the Boost Africa initiative.

In Morocco, it financed climate-resilient drinking water systems and post-earthquake reconstruction. In Egypt, it provided a €21 million EU grant to decarbonise industry and backed the Obelisk solar photovoltaic and battery storage project.

Over the past four years, EIB investments have mobilised €73 billion across Africa. In 2025, EIB Global reached its €100 billion Global Gateway mobilisation target two years ahead of schedule, with 75% of its investments outside the EU supporting Global Gateway projects and mobilising more than €20 billion.