{"id":64530,"date":"2025-11-24T17:36:02","date_gmt":"2025-11-24T17:36:02","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa"},"modified":"2025-11-24T18:22:23","modified_gmt":"2025-11-24T18:22:23","slug":"european-investment-bank-invests-2-billion-euros-in-africa","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa","title":{"rendered":"European Investment Bank Invests 2 Billion Euros in Africa"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>The European Investment Bank (EIB) is pledging more than 2 billion euros ($2.3 billion) of financing for renewable energy projects on the African continent over the next two years.<\/p>\n<p>The projects will include hydroelectric, solar and wind power plants, as well as the expansion and upgrading of transmission and distribution facilities, the bank said in a statement.<\/p>\n<p>They will be backed by guarantees from the European Commission.<\/p>\n<p>EIB Vice President Ambroise Fayolle is expected to provide more detail about the pledge at a European Union-African Union summit in Angola\u2019s capital Luanda later on Monday.<\/p>\n<p>($1 = 0.8674 euros)<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Lesotho<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. The European Investment Bank (EIB) is pledging more than 2 billion euros ($2.3 billion) of financing for renewable energy projects on the African continent over the next two years. The projects will include hydroelectric, solar and wind power plants, as well as the expansion and upgrading of transmission and distribution facilities, the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":64529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[245],"class_list":["post-64530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-lesotho"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>European Investment Bank Invests 2 Billion Euros in Africa - Lesotho<\/title>\n<meta name=\"description\" content=\"The European Investment Bank (EIB) is pledging more than 2 billion euros ($2.3 billion) of financing for renewable energ ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European Investment Bank Invests 2 Billion Euros in Africa\" \/>\n<meta property=\"og:description\" content=\"The European Investment Bank (EIB) is pledging more than 2 billion euros ($2.3 billion) of financing for renewable energ ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-24T17:36:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-24T18:22:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/11\/sm_1763995823.379468.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"819\" \/>\n\t<meta property=\"og:image:height\" content=\"459\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"European Investment Bank Invests 2 Billion Euros in Africa\",\"datePublished\":\"2025-11-24T17:36:02+00:00\",\"dateModified\":\"2025-11-24T18:22:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa\"},\"wordCount\":114,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/11\/sm_1763995823.379468.jpg\",\"keywords\":[\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/european-investment-bank-invests-2-billion-euros-in-africa\",\"name\":\"European Investment Bank Invests 2 Billion Euros in Africa - 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