European Investment Bank

The European Investment Bank (EIB), established in 1958 and headquartered in Luxembourg, serves as the lending arm of the European Union, primarily focusing on supporting European integration and social cohesion. It offers a range of financial services, including project loans for both public and private sectors, loans to banks and intermediaries, and structured finance products. EIB also provides guarantees, securitization instruments, and equity investments, particularly in infrastructure and environmental projects. The bank plays a crucial role in financing microfinance and risk-sharing initiatives for research and innovation, alongside offering technical expertise for sustainable energy projects. Its advisory services encompass urban development and infrastructure, and it actively supports public-private partnerships and small to medium-sized enterprises across various sectors, including transportation, energy, health, education, and agriculture.

Andrus Ansip

Vice President

Nicola Beer

Vice President and Member of the Management Committee

Markus Berndt

Deputy Director General, EIB Group and Deputy Managing Director, EIB Global Directorate

Teresa Czerwińska

Vice President and Member of the Management Committee

Ambroise Fayolle

Vice President and Member of the Management Committee

Werner Hoyer

President

Kyriacos Kakouris

Vice President

Adrian Kamenitzer

Deputy Director General and Chief Risk Officer

Jean-Christophe Laloux

Director General

Emma Navarro

Vice President

Lilyana Pavlova

Vice President

Alexander Stubb Ph.D

Vice President and Member of the Management Committee

Thomas Östros

Vice President and Member of the Management Committee

Past deals in Africa and Middle East

Africa Finance

Debt Financing in 2025
Africa Finance Corporation, established in 2007 and headquartered in Nigeria, is a multilateral development financial institution focused on addressing infrastructure financing needs across Africa. The organization provides a range of services, including debt, equity, project development, financial advisory, and treasury management, aimed at fostering sustainable economic growth. Africa Finance Corporation invests in high-quality infrastructure assets within key sectors such as power, natural resources, heavy industry, transport, and telecommunications. By targeting essential services in these core areas, the institution plays a critical role in promoting infrastructure development across the continent.

Burn

Debt Financing in 2024
BURN Design Lab is a nonprofit organization focused on creating customized biomass stove solutions for the developing world. The organization collaborates with implementing partners to establish sustainable stove dissemination systems that address cooking needs while tackling issues such as deforestation, women's health, and global warming. BURN's primary activities include the design, local manufacture, and distribution of fuel-efficient cooking products aimed at enhancing the lives of underserved communities. Operating a modern manufacturing facility near Nairobi, BURN produces a stove every minute, making it the largest facility of its kind in Africa. Their range of affordable and durable cookstoves, which include biomass, liquid fuel, and electric options, is designed to reduce harmful emissions and improve indoor air quality, enabling families to cook safely and sustainably while protecting their health and the environment.

Husk Power Systems

Debt Financing in 2024
Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.

Masdar Capital

Debt Financing in 2023
Masdar is a renewable energy manufacturer based in Abu Dhabi, United Arab Emirates, founded in 2006. The company focuses on developing utility-scale renewable energy projects and is committed to supporting the UAE's transition towards a knowledge-intensive economy. Masdar exemplifies the commercial adoption of clean technologies and reflects the UAE's dedication to sustainable practices. In addition to its core activities in renewable energy, Masdar also explores investment opportunities in sectors such as energy, commercial services, and technology, media, and telecommunications.

Orange

Post in 2023
Orange is a digital operator that offers mobile and internet services in Europe and Africa, and corporate telecommunication services worldwide. The group operates under the brand name Orange Business Services, both in France and internationally, in the business communication and IT services markets. Orange Business Services offers a range of services to large corporates, local authorities, and SMEs in France, as well as to multinationals around the world, supporting the implementation of their communication projects. To do so, OBS offers a full range of voice and data, IT, and integrated services. The Orange Fabs is an international network of startup drivers that provides startups in the digital space with advice, training, and events, as well as resources and expertise. Orange was founded in 1991 and is headquartered in Paris, France with a presence in 30 countries.

Bank Leumi

Post in 2023
Bank Leumi provides banking and financial services in Israel. It provides services pertaining to segments such as corporate banking, commercial banking, private banking, financial management, capital market, small businesses, and households. Under each of these segments, Bank Leumi provides services such as single deposit and installment-based deposits, savings schemes, pre-approved loans, housing loans, credit products, investment products, investment and pension counseling services; solutions in the field of financing and international trade such as financing of mergers and acquisitions; organization of syndicates; financing and guidance of national and international projects; and financial instruments to hedge against currency risks, interest risks, and fluctuations in commodities prices. Bank Leumi also provides services such as the underwriting and distributing of private and public offerings and also the issuing and clearance of credit cards, along with financial services and solutions to cardholders. Bank Leumi also provides provident funds and mutual funds to small and medium-sized businesses, and local authorities. Its customers also comprise mutual funds, provident funds, training funds, pension funds, commercial banks, and investment banks. Bank Leumi was established in 1902, headquartered in Tel Aviv, Israel. It operates through 274 branches in Israel; and 52 branches, agencies, and representative offices in 15 countries internationally.

Telecom Egypt

Debt Financing in 2022
Telecom Egypt has witnessed great developments; it started in 1854 with the first telegraph line in Egypt and today it is the largest communication network in Egypt and the Middle East. Telecom Egypt truly sits at the heart of the Egyptian telecommunications market and is the largest provider of fixed line services in the Middle East and Africa with 7.2 million subscribers, as at the end of March 2013.

Co-operative Bank of Kenya

Debt Financing in 2021
The Co-operative Bank of Kenya Limited, founded in 1965, is a licensed banking institution incorporated under the Companies Act. Initially registered under the Co-operative Societies Act, the bank transitioned to its current structure in 2008 to facilitate its listing on the Nairobi Securities Exchange. The bank offers a range of financial services, including corporate banking, retail banking, investment, and asset management. Its operations are organized into three primary segments: Retail Banking, which focuses on loans and deposits for individual customers; Wholesale Banking, which serves corporate and institutional clients; and Group Functions, which encompasses support services such as ICT and finance. The majority of the bank's revenue is generated from its Retail Banking segment, reflecting its strong presence in serving individual and small business clients in Kenya.

Orange

Post in 2019
Orange is a digital operator that offers mobile and internet services in Europe and Africa, and corporate telecommunication services worldwide. The group operates under the brand name Orange Business Services, both in France and internationally, in the business communication and IT services markets. Orange Business Services offers a range of services to large corporates, local authorities, and SMEs in France, as well as to multinationals around the world, supporting the implementation of their communication projects. To do so, OBS offers a full range of voice and data, IT, and integrated services. The Orange Fabs is an international network of startup drivers that provides startups in the digital space with advice, training, and events, as well as resources and expertise. Orange was founded in 1991 and is headquartered in Paris, France with a presence in 30 countries.

Telkom Kenya

Debt Financing in 2018
Telkom Kenya was established as a telecommunications operator under the Companies Act in April 1999. We provide integrated communications solutions in Kenya with the widest range of voice and data services as well as network facilities for residential and business customers. We are proud to play a prominent role in the information and communications technology sector, serving millions of Kenyans across the country. The company, as at June 2011, has a customer base of approximately 2,800,000 customers on GSM, fixed and CDMA wireless platforms with a country-wide presence.

Development Bank of Nigeria

Venture Round in 2018
The Development Bank of Nigeria (DBN) was established in 2015 by the Federal Government of Nigeria in partnership with global development partners to address the financing challenges faced by Micro, Small, and Medium Enterprises (MSMEs) and small corporations in the country. Headquartered in Abuja, DBN provides financial services such as financing, partial credit guarantees, and wholesale lending to eligible financial intermediaries. Its primary objective is to alleviate the financing constraints that hinder the growth of MSMEs and small businesses by offering market-conforming and financially sustainable funding solutions, along with capacity building and technical assistance.

M-BIRR

Venture Round in 2018
M-BIRR Limited provides mobile banking services through its innovative platform, M-BIRR, which facilitates mobile money transactions for financial institutions in Ethiopia. Established in 2009, M-BIRR was the first Ethiopian-based mobile money service and has since become a leader in the sector, recognized for its extensive customer base, distribution network, and transaction volume. The platform offers a range of services, including domestic money transfers, balance inquiries, cash in/out through agents, loan repayments, and international remittances. Users can conveniently deposit and withdraw funds, pay utility bills, and make purchases both online and offline. M-BIRR caters to residential and business customers, as well as banks and microfinance institutions. Headquartered in Dublin, Ireland, the company continues to play a significant role in enhancing financial inclusion across urban and rural areas in Ethiopia.

African Export-Import Bank

Debt Financing in 2017
The African Export Import Bank (the “Bank”) was established in Abuja, Nigeria in October, 1993 by African Governments, African private and institutional investors as well as non-African financial institutions and private investors for the purpose of financing, promoting and expanding intra-African and extra-African trade. The Bank was established under the twin constitutive instruments of an Agreement signed by member States and multilateral organizations, and which confers on the Bank the status of an international multilateral organization; as well as a Charter, governing its corporate structure and operations, signed by all Shareholders.

Electro Power Systems

Post in 2017
Electro Power Systems (EPS) operates in the sustainable energy sector, focusing on hybrid-storage solutions and microgrids that convert intermittent renewable energy into reliable power sources. Headquartered in Paris, with research, development, and manufacturing facilities in Italy, EPS has developed innovative energy storage technologies protected by 125 patents and applications, built on over a decade of research and development. The company aims to stabilize electrical grids with high levels of renewable energy integration in developed nations and to provide affordable off-grid power solutions in emerging economies without relying on subsidies. EPS has successfully executed 36 large-scale projects, including off-grid hybrid systems powered by renewable energy and energy storage, totaling over 35 MW of installed power. These systems serve more than 165,000 customers daily and include an additional 18 MW of grid support systems, resulting in a total capacity output of 47 MWh across 21 countries, spanning Europe, Latin America, Asia, and Africa.

Upstream

Venture Round in 2017
Upstream S.A. is a mobile marketing technology company that operates the MINT platform, designed for mobile operators, agencies, e-commerce brands, and application developers. Established in 2001 and headquartered in Athens, Greece, with offices in key cities worldwide, Upstream focuses on enhancing mobile commerce in high-growth markets. The platform facilitates mobile interactions and customer engagement, enabling users to access and pay for digital subscription services seamlessly. Upstream partners with over 50 mobile operators across 43 markets in Latin America, Africa, the Middle East, CIS, and Southeast Asia, allowing it to reach more than one billion consumers. The company provides a range of solutions, including marketing promotions, loyalty programs, and direct carrier billing, and has successfully converted 65 million consumers into paying customers through subscription micro-payment models.

Amryt Pharma

Post in 2016
Amryt Pharma is a biopharmaceutical company focused on developing and commercializing innovative treatments for patients with serious and life-threatening rare diseases. The company offers several commercial products, including Myalept, which is used as an adjunct to diet for treating complications related to leptin deficiency in patients with generalized lipodystrophy, and Lojuxta, a medication for adults with homozygous familial hypercholesterolemia. Additionally, Amryt is advancing its development candidates, such as FILSUVEZ, aimed at treating cutaneous manifestations of epidermolysis bullosa, and AP103, a pre-clinical gene therapy for recessive dystrophic epidermolysis bullosa. Established in 2015 and headquartered in London, Amryt Pharma markets its products in the Americas, Europe, and the Middle East, focusing on addressing high unmet medical needs in rare and orphan diseases.

Baobab

Private Equity Round in 2016
Baobab Group is a financial services firm focused on enhancing financial inclusion for individuals and small businesses in Africa and China. Founded in 2005 by Arnaud Ventura, the company employs over 3,800 people and operates more than 1,000 locations in countries including Madagascar, Senegal, Nigeria, and China. Baobab specializes in microfinance and digital banking, offering accessible financial products tailored to the needs of low-income individuals and micro, small, and medium-sized enterprises (MSMEs). Since its inception, Baobab has originated over EUR3 billion in loans, positively impacting the lives of hundreds of thousands of clients by helping them unlock their potential and improve their living conditions.

Baobab

Private Equity Round in 2015
Baobab Group is a financial services firm focused on enhancing financial inclusion for individuals and small businesses in Africa and China. Founded in 2005 by Arnaud Ventura, the company employs over 3,800 people and operates more than 1,000 locations in countries including Madagascar, Senegal, Nigeria, and China. Baobab specializes in microfinance and digital banking, offering accessible financial products tailored to the needs of low-income individuals and micro, small, and medium-sized enterprises (MSMEs). Since its inception, Baobab has originated over EUR3 billion in loans, positively impacting the lives of hundreds of thousands of clients by helping them unlock their potential and improve their living conditions.

Baobab

Private Equity Round in 2009
Baobab Group is a financial services firm focused on enhancing financial inclusion for individuals and small businesses in Africa and China. Founded in 2005 by Arnaud Ventura, the company employs over 3,800 people and operates more than 1,000 locations in countries including Madagascar, Senegal, Nigeria, and China. Baobab specializes in microfinance and digital banking, offering accessible financial products tailored to the needs of low-income individuals and micro, small, and medium-sized enterprises (MSMEs). Since its inception, Baobab has originated over EUR3 billion in loans, positively impacting the lives of hundreds of thousands of clients by helping them unlock their potential and improve their living conditions.

Baobab

Private Equity Round in 2005
Baobab Group is a financial services firm focused on enhancing financial inclusion for individuals and small businesses in Africa and China. Founded in 2005 by Arnaud Ventura, the company employs over 3,800 people and operates more than 1,000 locations in countries including Madagascar, Senegal, Nigeria, and China. Baobab specializes in microfinance and digital banking, offering accessible financial products tailored to the needs of low-income individuals and micro, small, and medium-sized enterprises (MSMEs). Since its inception, Baobab has originated over EUR3 billion in loans, positively impacting the lives of hundreds of thousands of clients by helping them unlock their potential and improve their living conditions.
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