European Investment Bank Sees Green Opportunities in Africa

  • Bank is funding bus electrification in Kenya, food in Zambia
  • African nations are among the hardest hit by climate change

The European Investment Bank in Luxembourg.

Photographer: Geert Vanden Wijngaert/Bloomberg
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The European Investment Bank is seeking climate-related investments in Africa, the bank’s Vice-President Thomas Ostros said.

“It is very important to focus on viable long-term investments that have a chance to give a boost to economic growth,” he said in a Bloomberg TV interview with Jennifer Zabasajja on Wednesday.