Susanna Seymour
Press officer
- European Investment Bank
- Communication Department
- 98-100, boulevard Konrad Adenauer
- L-2950 Luxembourg
+352 4379 - 87207
+352 691285351
+352 4379 - 61000
More press releases
12 September 2024
South Africa: EIB and FirstRand Bank boost renewable energy investments with € 400 million/ZAR 7.9 billion initiative
Renewable energy projects developed by independent power producers in South Africa received a € 400 million (ZAR 7.9 billion) boost with today’s announcement of a joint initiative between the European Investment Bank (EIB) and FirstRand Bank Ltd. A € 200 million (ZAR 3.9 billion) loan from the EIB will be matched by FirstRand Bank to invest in renewable energy, in particular solar photovoltaic and wind energy, as well as energy-efficiency projects. The investments will aim to increase the supply of reliable, affordable, clean and sustainable energy in the country, reducing dependence on fossil fuels.
11 September 2024
EIB and Development Bank of Southern Africa increase support for private sector renewable energy to € 600 million/ ZAR 11.9 billion
The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs.
11 September 2024
EIB Global inaugurates regional hub in Pretoria to boost Southern Africa and Indian Ocean investments
The European Investment Bank’s Regional Hub for Southern Africa and the Indian Ocean was officially opened by EIB Vice-President Ambroise Fayolle today at new premises in the Menlyn Maine precinct of Pretoria.