Global Gateway and Denmark power up Ethiopia’s future with Assela Wind Farm
Today, Global Gateway with its Team Europe partner Denmark has reached a significant milestone in Ethiopia with the Assela wind farm: its first turbines have started feeding power into the national grid of Ethiopia. By the end of 2025, once all turbines are fully operational, the wind farm will generate over 300 GWh of clean and sustainable energy annually, which will allow to meet the electricity needs of more than 140 000 households, that is approximately 700 000 people.
EU-Kenya Business Forum 2025: Advancing Digital Trade and Sustainable Growth through Strategic Partnership
Building on the EU’s Global Gateway strategy and its solid infrastructure and investment partnership with Kenya, this year’s Forum is a landmark moment - bringing together European Union and Kenyan policymakers, representatives of EU Member States, business leaders, and civil society to explore how digital technologies can unlock new trade and investment opportunities.
3rd European Union - African Union Ministerial Meeting, 21 May 2025
Foreign affairs ministers of the European Union and the African Union met for the third time to take stock of progress made since the sixth EU-AU Summit of February 2022.
Global Gateway in Africa: European Union and African Union take stock of significant progress
Today at the 3rd European Union (EU) and the African Union (AU) Ministerial Meeting, both continental institutions and their member states reviewed the considerable progress in the implementation of the joint commitments taken at the 2022 Summit and of the Global Gateway Europe-Africa Investment package. Team Europe combined resources and expertise to develop 99 Initiatives with Africa in strategic sectors such as green energy, transport corridors, digitalisation, health systems and resources. Between 2023 and 2025, the EU and its Member States have also adopted 138 Global Gateway flagship projects to deliver on the Summit commitments.
Joint Press Statement by Maroš Šefčovič and Lee Kinyanjui on EU-Kenya Economic Partnership Council
Today, Maroš Šefčovič, EU Commissioner for Trade and Economic Security, and Hon. Lee Kinyanjui, Cabinet Secretary for Investments, Trade and Industry of the Republic of Kenya, chaired in Nairobi the first meeting of the Council for the EU-Kenya Economic Partnership Agreement (EPA). Less than a year after entry into force, the EPA Council restated the importance of the bilateral trade relations between the EU and Kenya and discussed avenues to strengthen that relation in the future.
EIB Global and Kenya-based Family Bank team up in €100 million financing deal for country’s women and young entrepreneurs
The European Investment Bank’s development arm (EIB Global) and Kenya-based Family Bank are mobilising €100 million (14.7 billion Kenyan shillings) in financing for businesses, with a focus on women-owned/led enterprises and youth entrepreneurs in the country. EIB Global is providing a €50 million credit line to Family Bank, which will match the sum in an agreement to expand loans for Kenyan small and medium-sized enterprises (SMEs) and Mid-Caps.
Global Gateway connects communities and boosts trade with new Logone Bridge between Cameroon and Chad
Today, a major Global Gateway milestone was reached with the inauguration of the Logone bridge, linking Yagoua in Cameroon’s Far North Region and Bongor in Chad. Thanks to this new bridge over 4.7 million people in Cameroon and Chad will benefit from easier access to markets, education, healthcare, and new business opportunities.
EU and IFC announce €291 million guarantee program to finance the Global Gateway through support for private sector investments
The European Commission and IFC have signed a guarantee agreement to fund the Global Gateway and support private sector investments, job creation and economic growth across the world, with a focus on EU enlargement countries, the Eastern and Southern Neighbourhood, sub-Saharan Africa, the Asia Pacific region, and Latin America and the Caribbean.
European Union and Botswana partner on digital transformation
The European Union (EU) and the Government of Botswana are set to officially launch the Digital Transformation support programme to facilitate the transformation of Botswana into a knowledge-based economy.
MEPs approve new financial aid package for Egypt and Jordan
MEPs approved two proposals granting Jordan and Egypt loans worth €500 million and €4 billion respectively.
The macro-financial assistance (MFA) for Egypt was adopted by Parliament by 452 votes in favour, 182 against and 40 abstentions. The MFA for Jordan was passed by 571 votes in favour, 59 against and 46 abstentions.