The European Investment Bank (EIB) has been investing in Africa since 1963, placing the measurement of development impact at the very core of its business approach.
In Nigeria the lack of a reliable, affordable power supply is a major problem facing micro, small and medium-sized enterprises (MSMEs), resulting in reliance on diesel generators that are both expensive and harmful to health and the environment through noise and air pollution.
Nigeria has a large demand base for retail goods, even though approximately 83 million people (40% of the total population) lived below the poverty line.
Microfinance institutions are a crucial lifeline for poorer people in Haiti. Most households and micro, small and medium-sized enterprises cannot access credit through formal financial institutions such as commercial banks, partly because of their inability to meet the standards for loan approval
Access to finance plays a crucial role in business development, sustainability and growth. However, the lack of or insufficient access to credit for medium, small and micro-enterprises (MSMEs) is widespread in developing and emerging countries.
With more than 500 million mobile phone subscribers in Africa, mobile phones now provide a cheaper and quicker way for businesses to communicate with customers through mobile customer relationship management (mCRM) systems.
Senegal has only around 3.1 nurses and midwives per 10,000 people, which makes it one of the countries least covered with qualified maternal care in the world (162th out of 187 countries).
