EIB Boost Africa channels €108m into early-stage enterprises

BusinessDay | 12-09-2026 03:09pm |

The European Investment Bank (EIB) Boost Africa initiative has channeled €108 million into innovative early-stage enterprises across Sub-Saharan Africa. This funding is aimed at supporting startups and small businesses in the region, fostering innovation and economic growth. The investment is part of EIB's broader efforts to boost entrepreneurship in Africa. The initiative has been instrumental in providing capital to enterprises that might otherwise struggle to secure financing.

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