European Commission announces €545 million package to scale up renewables in Africa
European Commission President Ursula von der Leyen unveiled today a €545 million Team Europe package to accelerate Africa's clean energy transition. This announcement, made at the Global Citizen Festival via video message in the context of the United Nations General Assembly, is an important milestone in the ‘Scaling Up Renewables in Africa' campaign, co-hosted with South African President Cyril Ramaphosa.
EBRD finances Infinity Power’s first greenfield wind farm in Egypt
The European Bank for Reconstruction and Development (EBRD) continues to champion Egypt’s renewable energy ambitions with a new funding arrangement for the development and construction of a 200 MW wind farm in the Ras Ghareb region.
Global Gateway investments focus on education and job creation for Namibians to benefit from pioneering green industrialisation
The “Ignite GH2” project was officially signed at the Namibian Institute of Mining and Technology (NIMT) during the high-level European Union (EU) visit to Namibia, led by Commissioner for International Partnerships H.E. Jozef Síkela, and accompanied by Mr. Barry Andrews, Chair of the European Parliament’s Committee on Development, along with eight senior Members of the Committee and the Delegation to the Africa-EU Parliamentary Assembly.
Global Gateway in Namibia: Joint field visit of EU Commissioner for International Partnerships and European Parliament showcases how EU investments boost clean industrial
A high-level European Union (EU) delegation, led by Commissioner for International Partnerships H.E. Jozef Síkela, and accompanied by Mr. Barry Andrews, Chair of the European Parliament’s Committee on Development, along with eight senior Members of the Committee and the Delegation to the Africa-EU Parliamentary Assembly visited several EU-supported projects that boost sustainable development of Namibia with a specific focus on education and jobs creating.
European Union, France and Ethiopia Sign €120 Million Flagship Agreement to Modernise Power and Digital Infrastructure
On the margins of the Africa Climate Summit 2025 in Addis Ababa, the European Union Delegation to Ethiopia and Agence Française de Développement (AFD), in true Team Europe fashion, joined the Government of Ethiopia to sign an €120 million contribution for RISED – Renewable Integrated Sustainable Energy and Digitalisation, a flagship initiative under the EU’s Global Gateway strategy.
Ethiopia: EIB Global partners with banks to unlock climate finance
The European Investment Bank’s development arm, EIB Global, has signed technical assistance agreements with Zemen Bank SC, Dashen Bank SC and Hibret Bank in Ethiopia that will support them in strengthening their ability to identify, assess, and manage climate-related risks, integrating them into their business strategies and daily operations.
European Union, France and Ethiopia Sign €120 Million Flagship Agreement to Modernise Power and Digital Infrastructure
Today, on the margins of the Africa Climate Summit 2025 in Addis Ababa, the European Union Delegation to Ethiopia and Agence Française de Développement (AFD), in true Team Europe fashion, joined the Government of Ethiopia to sign an €120 million contribution for RISED – Renewable Integrated Sustainable Energy and Digitalisation, a flagship initiative under the EU’s Global Gateway strategy. Signed at the Team Europe Pavilion, the agreement marks a major milestone in the longstanding partnership between Ethiopia and Europe.
Kenya: affordable housing projects advance with EIB Global support
The European Investment Bank’s financial backing for IHS Group’s first green affordable housing fund in Kenya is yielding important results. The bank’s development arm, EIB Global, has committed €21.5 million in equity financing to the IHS Kenya Green Housing Fund for the construction and acquisition of energy-efficient and affordable housing in Kenya.
Launch of €25 million EU-Funded ATCMA SADC Programme supporting trade competitiveness and market access in SADC region
The Southern African Development Community (SADC), in partnership with the European Union (EU), the United Nations Industrial Development Organization (UNIDO), and the International Trade Centre (ITC), officially launched the Africa Trade Competitiveness and Market Access (ATCMA) – SADC Programme.
African Union and European Union join hands to promote and invest in Circular Economy and Sustainable Growth
The African Union (AU) and the European Union (EU) officially announced the launch of the Continental Circular Economy Action Plan (CEAP) for Africa (2024–2034) today. Introduced by Moses Vilakati, AU Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable Environment, and Jessika Roswall, EU Commissioner Environment, Water Resilience and a Competitive Circular Economy, the plan is designed to advance sustainability, drive economic growth, and enhance resource efficiency across Africa over the next decade.