WASHINGTON, D.C. – The U.S.–Ukraine Reconstruction Investment Fund (URIF) today announced that it has approved its first investment aimed at bolstering Ukraine’s security, supporting a sector that will be a cornerstone of Ukraine’s post-conflict economy, and increasing America’s and allies' access to field-tested advanced technology.  The joint U.S.-Ukrainian board of directors approved an equity investment in emerging technology company Sine Engineering (Sine). The investment will support Sine’s continued advancements and innovation in radio communication control systems for Unmanned Aerial Vehicles (UAVs)....

Two critical social infrastructure facilities have opened in the central Ukrainian city of Cherkasy, financed under the EIB’s €200 million Ukraine Early Recovery Programme. New social housing has been opened to provide temporary accommodation for around 130 people displaced by Russia’s war against Ukraine. The Regional Centre of Emergency Medical Aid and Disaster Medicine has been completed and will strengthen emergency medical services across the Cherkasy oblast. Two critical social infrastructure facilities have been inaugurated in Cherkasy, central Ukraine, with...

The European Investment Bank (EIB), through its advisory arm, and the European Commission are launching a new technical training programme under the JASPERS mandate, making a concrete step in strengthening EU’s strategic port infrastructure. The assignment is supported under a EC-EIB Joint Contribution Agreement providing financial backing from the Connecting Europe Facility and Cohesion Policy Funds. This new advisory assignment is designed to reach a broad audience of small and medium-sized ports on the trans-European transport (TEN-T) network, aiming to...

Mission 300, launched by the World Bank Group and African Development Bank Group, aims to connect 300 million people in Sub-Saharan Africa to electricity by 2030 EIB Global’s pledge focuses on renewable energy projects under this initiative The European Investment Bank (EIB) pledged to deliver more than €1 billion of financing for renewable energy projects in Sub-Saharan Africa, supporting the goals of Mission 300 – to bring electricity to 300 million people on the continent. EIB Group President Nadia Calviño...

Washington, D.C. - The Export-Import Bank of the United States (EXIM) announced the membership of its 2026-2027 Advisory and Sub-Saharan Africa Advisory Committees yesterday in an open meeting. The Board of Directors voted unanimously to approve the membership of both mandated committees. Bob Diamond, CEO and Founding Partner of Atlas Merchant Capital will serve as Chairman of EXIM’s Advisory Committee and Florie Liser, President and CEO of the Corporate Council on Africa will serve as Chairman of the Sub-Saharan...

Tomorrow, the Commission will be hosting the launch of a new initiative to provide easier access to lending support to EU Member States bordering Russia, Belarus and Ukraine. This initiative, titled ‘EastInvest Facility', is at the core of the strategy for the EU's eastern regions bordering Russia, Belarus and Ukraine adopted last week by the Commission to help these regions tackle the challenges they face in the wake of Russia's war of aggression against Ukraine. The EastInvest Facility will be a dedicated financing platform for EU eastern regions,...

Findings highlight the expanding footprint of destruction and the increasing complexity in restoring systems essential for economic recovery and social well‑being KYIV, Ukraine, February 23, 2026—Four years into Russia’s invasion of Ukraine, an updated joint Rapid Damage and Needs Assessment (RDNA5) released today by the Government of Ukraine, the World Bank Group, the European Commission, and the United Nations currently estimates that as of 31 December 2025, the total cost of reconstruction and recovery in Ukraine is almost $588 billion (over €500 billion) over the next...

  EIB Global invested €3.1 billion in Africa for 2025, backing impactful projects aligned with national priorities and the EU Global Gateway initiative. These new investments aim to boost sustainable development, foster stability and create jobs through win-win partnerships. 46% of activity dedicated to climate action and environmental sustainability. The European Investment Bank (EIB) Group deployed more than €9 billion through EIB Global, its arm for international partnerships and development finance, in 2025. Of this figure, Africa received €3.1 billion – a third...