EU External Investment Plan: green light for five investment areas   

The European External Investment Plan will unlock €44 billion of private investment for Africa and the EU Neighbourhood countries by 2020.

Concrete areas for investment, the so-called "investment windows", are:

·     Sustainable Energy and Connectivity

·     Micro, Small and Medium Sized Enterprises (MSMEs) Financing

·     Sustainable Agriculture, Rural Entrepreneurs and Agribusiness

·     Sustainable Cities

·     Digital for Development.

The European Commission will invite eligible financial institutions, for example development banks, to present their concrete proposals for investment programmes within these five areas. After an assessment by the Commission and independent experts, a number of selected financial institutions will be entrusted with managing these investment programmes. The first agreements with such financial institutions are expected to be signed in the first half of 2018.

Businesses and organisations, who would like to benefit from support under the EIP, will then be able to contact these financial institutions with their project proposals. A dedicated EIP secretariat and a web portal will help to guide interested businesses.