Ivory Coast
EBRD2025: EBRD to launch operations in Nigeria, Côte d’Ivoire and Benin as expansion into Africa continues
The EBRD decided in 2023 to amend the bank’s charter and allow expansion into Sub-Saharan Africa and Iraq.
Sub-Saharan Africa is home to 16% of the global population but 67% of extreme poverty - OWID
Every twelfth person in the world still lives in extreme poverty. That means surviving on less than $2.15 per day (adjusted for differences in living costs between countries).
Russia's expanding pull in Africa is pushing Western influence out
Moscow’s expanding presence in Africa has largely unfolded in silence, but the shift it represents is profound. Like in the game of Risk, Africa’s sheer size and its treasure trove of untapped raw materials is becoming increasingly important.
EBRD delivers 26% expansion in investments in 2024, commits record €16.6bn across economies
Lender notes strong momentum in green and gender financing, in parallel with steadfast support for Ukraine and its real economy.
IEA: Access to energy improving worldwide, driven by renewables
Having a reliable electricity supply is something many of us take for granted – including for sending and reading emails like this one. But hundreds of millions of people around the world today don’t have access to electricity.