European Investment Bank Archives

BURN secures $15M additional investment from EIB to expand in East Africa

Grace MathekaOctober 25, 2024

BURN has secured a USD 15 million investment from the European Investment Bank (EIB). The Ksh. 1.9 billion (USD 15 million) investment was announced during the ...

2 min read

EIB Global & KCB Bank launch Ksh. 32B loan initiative to support SMEs, youth & women

James WamathaiOctober 18, 2024

The European Investment Bank (EIB Global) and KCB Bank Kenya have oday announced a €230 million (KShs. 32 billion) partnership to support small and medium enter...

2 min read

Tanzania to host EIB Funding delegation in a bid to boost SMEs

Grace MathekaJuly 3, 2024

A delegation of the European Investment Bank (EIB Global) led by EIB Vice President, Thomas Östros, is visiting Tanzania for a series of business engagements to...

2 min read

EIB Global & Housing Finance Bank to invest €50M in SMEs in Uganda

Samson NderiMarch 10, 2024

EIB Global and the Housing Finance Bank (HFB) of Uganda have partnered to supported SMES in Uganda to the tune of €50 million. EIB is a part of the European Inv...

2 min read

TowerCo of Africa receives $40M funding to improve mobile phone network coverage in rural Uganda

Samson NderiMarch 9, 2024

TowerCo of Africa Uganda has received US$40 million in long-term financing from European development finance partners to improve mobile phone network coverage i...

2 min read

First Capital Bank receives $10M loan from European Investment Bank

Gladys WamuyuSeptember 29, 2023

First Capital Bank Limited in partnership with the European Investment Bank (EIB) and the European Union have today secured a developmental line of credit of US...

2 min read

European Investment Bank invests Ksh. 40M to support solid waste management in Kisumu

Gladys WamuyuSeptember 29, 2023

The European Investment Bank (EIB) is supporting Kisumu City, through the County Directorate of Climate Change, to address its solid waste management. It is in ...

1 min read

European Investment Bank to mobilize funding for investment in green hydrogen schemes

Staff WriterMarch 3, 2023

The European Investment Bank, has announced that it will strengthen its support for green hydrogen investment in Kenya. The Bank is the world’s largest multilat...

2 min read

EIB commits Ksh. 64.6 Billion to build stronger and more resilient health systems in Africa

Grace MathekaFebruary 19, 2022

The World Health Organization (WHO) and the European Investment Bank (EIB), in cooperation with the European Commission (EC) and the AU have partnered to close ...

1 min read

Alitheia IDF a women focused Private Equity Fund closes Ksh. 11.3 billion fund with EIB

Grace MathekaDecember 17, 2021

Alitheia IDF (AIF), a women-led and women-focused private equity fund, has announced the final close of the Ksh. 11.3 billion (USD 100 million) fund with Europe...

1 min read

Ecobank Group Secures Ksh. 12 Billion credit facility from European Investment Bank to Fund SMEs

Grace MathekaNovember 25, 2021

The Ecobank Group has signed an agreement for a Ksh. 12 Billion (€100 million) long-term credit facility with the European Investment Bank (EIB) over 9 years. ...

1 min read

G7 Development Finance Institutions & partners to invest Ksh. 8.62 trillion into African businesses

Grace MathekaJune 14, 2021

The G7 DFIs, the IFC, EBRD and the European Investment Bank (EIB) have committed to invest Ksh. 8.62 trillion ($80 billion) in the private sector over the next ...

2 min read

Kenya’s Asilimia among 14 firms selected for 2021 Africa fintech bootcamp

Grace MathekaMay 21, 2021

Asilimia, a Kenyan fintech, has been selected alongside 14 Fintech start-ups to take part in the 2021 edition of Catapult: Inclusion Africa fintech bootcamp. As...

1 min read

EU in Kenya launches European Film Festival as part of Europe Day 2021 celebrations

Grace MathekaMay 10, 2021

The European Union (EU) in Kenya recently held an online event hosted by 2 Kenyan artists; Sanaipei Tande and Nyashinski, to mark Europe Day 2021. The online ev...

1 min read

Equity receives Ksh. 11 billion from AfDB to fund its African expansion

Grace MathekaMarch 23, 2021

Equity Group has signed a Ksh. 11 billion ($100 million) loan facility with the African Development Bank (AfDB), to support its expansion across Eastern and Cen...

2 min read

Equity Group receives Ksh. 8.25B from AGF to support women owned SMEs

Grace MathekaMarch 19, 2021

The African Guarantee Fund (AGF) and Equity Group have signed an agreement to provide Ksh. 8.25 billion ($75 million) in funding to four of Equity’s bank subsid...

1 min read

Equity receives Ksh. 11 billion from various funders to support SMEs

Grace MathekaMarch 15, 2021

Equity Group has signed a Ksh. 11 billion ($100 million) loan facility with Germany’s DEG, the Netherlands FMO and the UK’s CDC Group. The signing comes in the ...

1 min read

EU & EIB give Equity Ksh. 16.5B in funding to support SMEs in Kenya

Grace MathekaMarch 4, 2021

Equity Group has signed a Ksh. 16.5 billion loan facility with the European Investment Bank (EIB) and the European Union (EU) to support MSMEs. The loan facilit...

1 min read

Bolt secures Ksh. 5.6 Billion loan from EIB, to be invested in research & development

Staff WriterJanuary 17, 2020

Taxi hailing firm Bolt has secured a Ksh. 5.6 Billion loan from the European Investment Bank (EIB) which it intends to invest in research and development. Th...

0 min read

European Investment Bank Head of Financial Sector division Robert Shofield, Equity Bank (Kenya) Managing director Polycarp Igathe

European Investment Bank launches Ksh. 5.7 billion agriculture financing programme

Staff WriterJune 12, 2019

European Investment Bank has launched a new EUR 50 million (Ksh. 5.7 billion) agriculture sector financing programme. The Kenya Agriculture Value Chain Facility...

3 min read

European Investment Bank invests Ksh. 4.1 billion in Telkom Kenya

Staff WriterNovember 23, 2018

Telkom Kenya has received a Ksh. 4.1 billion ($40 million) from the European Investment Bank (EIB). Telkom will use the loan to expand coverage and capacity ...

1 min read

Boost Africa Initiative to invest in 1,500 SMEs across Africa

Richard MureithiNovember 23, 2016

The African Development Bank (AfDB) and the European Investment Bank (EIB) have launched an initiative dubbed “Boost Africa Initiative”. The initiative targets ...

2 min read

Life

Safaricom to reward customers through the M-PESA Sokoni Festival campaign

RUBiSOL installs 485kWp solar rooftop system at B. Braun Pharmaceuticals in Athi River

Adil Khawaja & Car 44 crowned top fundraisers at Rhino Charge 2025

Business

Safaricom to reward customers through the M-PESA Sokoni Festival campaign

RUBiSOL installs 485kWp solar rooftop system at B. Braun Pharmaceuticals in Athi River

How technology is revolutionizing Kenya’s laundromat market

Tech

OPPO A5 smartphone launched in Kenya; Retailing from Ksh. 21,999

RUBiSOL installs 485kWp solar rooftop system at B. Braun Pharmaceuticals in Athi River

How technology is revolutionizing Kenya’s laundromat market

Entertainment

Njerae is the Spotify EQUAL Africa artist for June 2025

DStv has been inducted into Brand Africa Hall of Fame & named #1 Most Admired African Media Brand 2025

Cassper Nyovest & Charisma to perform at Heineken Champions League final viewing party in Nairobi

European Investment Bank

BURN secures $15M additional investment from EIB to expand in East Africa

EIB Global & KCB Bank launch Ksh. 32B loan initiative to support SMEs, youth & women

Tanzania to host EIB Funding delegation in a bid to boost SMEs

EIB Global & Housing Finance Bank to invest €50M in SMEs in Uganda

TowerCo of Africa receives $40M funding to improve mobile phone network coverage in rural Uganda

First Capital Bank receives $10M loan from European Investment Bank

European Investment Bank invests Ksh. 40M to support solid waste management in Kisumu

European Investment Bank to mobilize funding for investment in green hydrogen schemes

EIB commits Ksh. 64.6 Billion to build stronger and more resilient health systems in Africa

Alitheia IDF a women focused Private Equity Fund closes Ksh. 11.3 billion fund with EIB

Ecobank Group Secures Ksh. 12 Billion credit facility from European Investment Bank to Fund SMEs

G7 Development Finance Institutions & partners to invest Ksh. 8.62 trillion into African businesses

Kenya’s Asilimia among 14 firms selected for 2021 Africa fintech bootcamp

EU in Kenya launches European Film Festival as part of Europe Day 2021 celebrations

Equity receives Ksh. 11 billion from AfDB to fund its African expansion

Equity Group receives Ksh. 8.25B from AGF to support women owned SMEs

Equity receives Ksh. 11 billion from various funders to support SMEs

EU & EIB give Equity Ksh. 16.5B in funding to support SMEs in Kenya

Bolt secures Ksh. 5.6 Billion loan from EIB, to be invested in research & development

European Investment Bank launches Ksh. 5.7 billion agriculture financing programme

European Investment Bank invests Ksh. 4.1 billion in Telkom Kenya

Boost Africa Initiative to invest in 1,500 SMEs across Africa