EIB Global and African Development Bank invest US$ 275 million to modernise Mauritania’s main railway corridor
- US$ 150 million from the African Development Bank and US$ 125 million from EIB Global, guaranteed by the European Union, to modernise Mauritania’s main railway corridor
- The landmark project will expand and rehabilitate the Zouerate–Nouadhibou line, strengthen Mauritania’s competitiveness, support green growth, and boost regional integration
- A joint operation aligned with the European Union’s Global Gateway strategy and Mauritania’s industrial development priorities
EU and South Africa sign first-ever Clean Trade and Investment Partnership (CTIP)
The EU and South Africa signed the first-ever Clean Trade and Investment Partnership (CTIP), building on the EU-South Africa Strategic Partnership and the Economic Partnership Agreement.
Joint declaration of the 7th African Union - European Union summit 2025, 24-25 November 2025
At the 7th African Union - European Union summit in Luanda (Angola) on 24-25 November 2025, the EU and African Union leaders agreed on a joint declaration.
Pan-African Parliament-European Parliament Joint Declaration (24 November 2025)
Parliamentarians from the European Parliament (EP) and the Pan-African Parliament (PAP) met in Midrand (Seat of the PAP, in Johannesburg, South Africa) on 14-15 November 2025 and agreed on a Joint Declaration following their Parliamentary Pre-Summit meeting to the 7th African Union-European Union Summit (Luanda, Angola).
EBRD invests US $40 million in Infinity to accelerate renewable energy growth across Africa
The European Bank for Reconstruction and Development (EBRD) has announced an additional equity investment of US$ 40 million in longstanding client Infinity, Egypt’s leading developer of renewable energy. This brings the Bank’s total equity commitment to US$ 141.5 million, up from US$ 101.5 million. The new capital will support Infinity Power, Infinity’s subsidiary, in delivering approximately 3 gigawatts (GW) of renewable energy capacity across key African markets.
AU–EU Business Forum 2025: getting the private sector in sustainable investments and trade for shared prosperity with Africa
The 2025 edition of the Africa–Europe Business Forum (AEBF2025) convened this week in Luanda, bringing together African and European businesses, investors, and policymakers to deepen economic cooperation and advance sustainable development across both continents. Marking 25 years of AU-EU partnership, the Forum took place against the backdrop of one of the world’s most significant economic relationships: the EU remains Africa’s largest trade partner and top investor, accounting for 33% of African goods traded and €239 billion invested in 2023.
EU, Nigeria partner to boost local manufacturing in health sector
In partnership with the Nigerian government’s Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) and the National Institute for Pharmaceutical Research and Development (NIPRD), the EU Delegation, on October 30 2025, hosted the first ever EU-Nigeria Health Investment Forum at the International Conference Centre, Abuja.
EIB invests €20 million in Amethis Europe Expansion Fund to support European SMEs growing in Africa
The European Investment Bank (EIB) signed a €20 million investment in the Amethis Europe Expansion Fund, a new private equity vehicle designed to support European small and medium-sized enterprises (SMEs) expanding their business in Africa, as well as in Europe and the Middle East. The initiative aims to strengthen economic ties between Europe and Africa, foster private sector development and promote sustainable and inclusive growth.
EIB signs a Guarantee Agreement with MedAccess to boost access to essential medical supplies in Africa
The European Investment Bank (EIB) and MedAccess announced today the signing of an innovative Guarantee Agreement to help improve access to critical health products in Africa. The agreement is one of the first operations under the Human Development Accelerator (HDX)*, a joint programme between the European Commission (EC), the EIB and the Gates Foundation, to accelerate investment opportunities that enable greater access to and affordability of health products in low- and middle-income countries. It fully aligns with the European Union’s Global Gateway Strategy.
Lesotho Powers Forward with Renewable Energy to Drive Inclusive Energy Access
The Renewable Lesotho Programme will celebrate some concrete steps towards clean energy transition on Thursday, 6 November 2025, with a high-level event at Itekeng Combined School in Pitseng, Thaba-Tseka. The school is one of the eight facilities electrified during the initial year of implementation of the Access to Affordable Renewable Energy (AARE), implemented by UNDP with EU funding as part of the Renewable Lesotho Programme, as well as contributions from the Government of Ireland and the United Nations Development Programme (UNDP).