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 Nigeria

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.

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.

Leapfrog Investments

Private Equity Round in 2023
LeapFrog Investments is a private equity and venture capital firm based in London, United Kingdom, specializing in growth-stage and expansion investments primarily in the financial services and healthcare sectors. Founded in 2007, the firm focuses on businesses that deliver essential financial services and healthcare products, including mobile payments, insurance, pensions, savings, credit, and retail healthcare distribution. LeapFrog targets investments in emerging markets across Asia and Africa, with a particular emphasis on countries such as Kenya, Nigeria, Ghana, South Africa, India, Indonesia, the Philippines, and Sri Lanka. The firm typically invests between $10 million and $50 million, making both minority and majority investments, and aims for exits within four to seven years through various means, including IPOs and trade sales. LeapFrog's strategic approach emphasizes impact investing, aiming to foster growth in sectors that benefit underserved populations.

Husk Power Systems

Debt Financing in 2023
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.

Ecobank

Post in 2021
Ecobank Transnational Incorporated (ETI), a public limited liability company under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

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.

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.

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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