Launch of the 2021 Finance in Africa report
The European Investment Bank (EIB) https://www.eib.org/en/ the world’s largest international public bank, will hold an online press conference for the launch of the latest Finance in Africa report, the only detailed analysis of the impact of COVID-19 on financial intermediaries and backed by a survey of bank lending across Africa. The 2021 report is the sixth in the series and features expanded coverage of African financial sectors. It explores how banks, microfinance and private equity sectors have been affected by the COVID-19 crisis, how it has responded, and its ability to support the recovery.
WHAT: The sixth Finance in Africa study provides timely analysis of the impact of the COVID pandemic on Africa’s financial sector and challenges facing private sector investment across the continent.
The new report highlights how Africa’s banks, microfinance institutions and private equity investment have adapted to new and unprecedented challenges and demonstrated considerable resilience. Based on analysis of 78 African financial institutions, the report also investigates how the African financial sector is responding to the digital revolution, how financial institutions are handling the challenges posed by climate change, and whether they are taking advantage of the opportunities offered by green finance.
SPOKESPEOPLE:
Thomas Östros, Vice President, European Investment Bank
Maria Shaw-Barragan, Director (of the Department in the European Investment Bank (EIB) that handles the lending operations in Africa, Caribbean and Pacific, Asia and Latin America).
Barbara Marchitto, Senior Economist
WHEN: Thursday, November 18th, at 8.30 am GMT. Click here to see what time it will be in your country
WHERE: Online via Zoom
All journalists should register via this link for accreditation to receive a Zoom link for your attendance https://apo-opa.com/eib-2021report/
LANGUAGE: English
DETAILS
The European Investment Bank (https://www.eib.org/en/) is the world’s largest international public bank, owned directly by the 27 European Union member states. Last year EIB provided a record EUR 5 billion for clean energy, water, sustainable transport, affordable housing, health, and private sector investment across Africa.
