This archive report was first published on 12 November 2019.
On November 12, 2019, the European Investment Bank (EIB) launched SheInvest, a groundbreaking initiative to promote gender equality and female economic empowerment in Africa.
The EIB aims to mobilise EUR 1 billion in investments to benefit millions of women across the continent, providing them with better access to finance and sustainable infrastructure services.
SheInvest will focus on boosting innovative digital and financial solutions for women, promoting gender-responsive climate financing, and supporting women entrepreneurs through dedicated Technical Assistance.
Ambroise Fayolle, EIB Vice-President in charge of development operations, stated, 'Unlocking the potential of women is key to boosting Africa's economic growth.'
The initiative will target climate and gender-responsive infrastructure projects, such as projects enhancing women's access to water, clean, reliable, and affordable energy, as well as sustainable public transport.
