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European Investment Bank (EIB): A prominent investor in Africa's growth story, EIB supports ventures like d.light and InspiraFarms Cooling through debt financing and Series A rounds. Their commitment to sustainable development and gender equality sets them apart, driving positive impact across the continent.

Type
Private Equity

European Investment Bank's Portfolio in Africa

European Investment Bank has made over 5 notable investments in African startups. Their most recent investment was in Husk Power Systems, announced on March 28th, 2024.
European Investment Bank's Latest news
European Investment Bank introduces new approach to conflict – New Business Ethiopia - New Business Ethiopia

European Investment Bank resists pressure to fund gas projects - Financial Times

Nanobiotix Announces Agreement in Principle to Restructure Existing Loan Agreement With European Investment Bank, Extending Operating Runway Into Q1 2024 - Business Wire

European Investment Bank outlines how it can support adaptation projects - Kenya Broadcasting Corporation

European Investment Bank's Investment activity in Africa

With over $156.8M invested in African startups, their latest investment was a Debt Financing round in Husk Power Systems, announced on March 28th, 2024, closing at $20M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Debt Financing
Husk Power Systems
NigeriaOct 24, 2023$ 60,000,000
Debt Financing
Husk Power Systems
NigeriaMar 28, 2024$ 20,000,000
Series A
InspiraFarms Cooling
KenyaApr 05, 2017$ 1,800,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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European Investment Bank's Investment Distribution in Africa.

European Investment Bank's currently has Startuup investments spread across the following location(s)

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