EBRD

EBRD AgVenture alert 📣: our agrifood-tech start-up competition is launching again for 2024 and we want to hear from you if you’re focused on green solutions to improve the food value chain, from farming, processing and packaging, to trading, and logistics. Awards package includes: - Up to €90,000 of grants, mentoring and consulting advisory support - Pitching in London at the World Agri-Tech Innovation Summit - Links to EBRD and partner networks - Exposure to funding opportunities Applications close 19 August 2024. Apply here: https://lnkd.in/dFUMVRqC Supported by Spain through the EBRD's High-Impact Partnership on Climate Action - HIPCA (also supported by Austria, Canada, Finland, the Netherlands, South Korea, Switzerland, the TaiwanICDF, the United Kingdom and the United States of America).

Our Odile Renaud-Basso met our International Professionals Programme hires yesterday at our HQ. Our IPP programme offers two years practical experience at the forefront of EBRD global projects. Find out more about the programme: https://lnkd.in/dsnuZHid W/ Namig Damirov Mert M. Alkanat Lucy Betts Sebastian Gómez-Calcerrada Fielden Ningkang (Theo) Huang Yagiz Karamustafaoglu Celine M. Kiril Perfiliev Euan Bose Rosling

Proud to promote equal opportunities and sustainable technology in Egypt! We're providing US $130 million loan to Coca-Cola HBC in Egypt to finance capex investment and working capital. Together with the Global Environment Facility, we’ll introduce the best technology for wastewater treatment in line with EU standards. With our support, Coca-Cola HBC will continue to invest in its training programme to help young people build skills & strengthen equal opportunities through dedicated measures. https://lnkd.in/dx-psJgr

Proud to contribute to the decarbonisation of aviation and fossil-fuel sectors in Kazakhstan and beyond! We’ve commissioned and completed a pre-feasibility study on the production and use of sustainable aviation fuel.    The aviation industry is one of the world’s high greenhouse gas-emitting and hard-to-decarbonize sectors. To help develop an effective approach to reducing these emissions and decarbonising the sector, the study reviewed the decarbonisation strategies of key stakeholders, analysed the global sustainable aviation fuel landscape, and examined its supply and demand as well as the availability of feedstock. The study also analysed the current ASTM-approved SAF production technologies for their suitability for the local market and developed recommendations on the next steps to enable SAF market development in Kazakhstan. The study was carried out by ICF, a global advisory and technology services provider, and funded by the government of Japan through the Japan-EBRD Cooperation Fund. It was co-financed by Kazakhstan’s flag carrier, Air Astana, and Kazakhstan’s leading vertically integrated state-owned oil and gas company, KazMunayGas, and supported by the Aviation Administration of Kazakhstan. The results of the study were presented at the 2nd Aviation Talks, themed 'Silk Road in the Sky – Kazakhstan Air Cargo Hub' on 21 June 2024 in Astana. The event was organised by Aviation Administration of Kazakhstan and The International Air Cargo Association TIACA.

Our Odile Renaud-Basso has concluded her visit to Serbia. During her visit, she met with government authorities, including Serbian President Aleksandar Vučić, Prime Minister Miloš Vučević, Minister of Mining and Energy Dubravka Djedovic Handanovic, Deputy Prime Minister Siniša Mali, and others. During her third visit to the country, Ms. Renaud-Basso signed a €30 million loan agreement with Serbia for renewable heat generation, a Grant Agreement with the Serbian Ministry of Mining and Energy Ministarstvo rudarstva i energetike, and a €72 million financing package with Banca Intesa Beograd among others. She also met with EBRD clients, the business community, start-ups, and civil society representatives to discuss our work in the region. Here are the highlights of her visit.

Our Heike Harmgart, currently MD for the Southern and Eastern Mediterranean region has been appointed first EBRD Managing Director for sub-Saharan Africa! She will head up the EBRD’s banking operations in the Bank’s sub-Saharan Africa region, which will comprise Benin, Côte d’Ivoire, Ghana, Kenya, Nigeria and Senegal. In 2023 our Board of Governors approved an expansion to sub-Saharan Africa. Our warmest congratulations to Heike! https://lnkd.in/dVMnyGAT

We are thrilled to announce two major milestones in our ongoing efforts to support Serbia's energy transformation and sustainability goals.   1️⃣ €30 Million Loan for Renewable Heat Generation: we’re providing a loan of up to €30 million to modernise district heating firms in 10 Serbian cities. This investment, supported by up to €12 million #EBRDdonors (SECO Economic Cooperation and Development , the European Union and Austria), aims to enhance energy security and provide significant environmental benefits. The project will be implemented in collaboration with the Ministry of Mining and Energy, participating municipalities, and district heating companies. https://lnkd.in/dq9-CzZi   2️⃣ €2.35 Million Grant Agreement for Energy Efficiency: we’ve signed a €2.35 million grant agreement with the Serbian Ministry of Mining and Energy to provide technical assistance to the Administration for the Financing and Promotion of Energy Efficiency. Financed by European Union IPA (III) 2021 funds, this grant aims to accelerate capacity building of the EEA and support Serbia’s ambition to decarbonise its economy. https://lnkd.in/dTn_rhqf   Together, these initiatives mark a significant step forward in Serbia's journey towards a sustainable and energy-efficient future. W/ Odile Renaud-Basso, Siniša Mali, Dubravka Djedovic Handanovic, H.E. Urs Schmid, H.E. Christian Ebner, Elvira Angulo Rodrigues

Proud to be supporting MSMEs in West Bank and Gaza with a US$ 5 million loan to microfinance institution FATEN. Funded by the West Bank and Gaza Trust Fund and backed by the EU Neighborhood & Enlargement, the loan will aid underserved segments, including women and rural borrowers. https://lnkd.in/dZ9B8aHd

We are proud to support the green transition of Morocco's mining sector with a €13.6 million loan to PROCANEQ! This investment will finance the purchase of energy-efficient equipment, significantly reducing CO2 emissions. Additionally, our funding will promote gender diversity by encouraging the employment of women machinery drivers in this traditionally male-dominated industry. Together, we are driving sustainable growth and empowering change.

Excited to announce our commitment of up to US$ 40 million to SPE PEF III, the latest fund raised by SPE Capital ! This investment aims to support mid-cap companies in Egypt, Morocco, and Tunisia. PEF III is focused on generating long-term capital gains through equity and equity-related investments in these North African markets, while also maintaining the flexibility to invest in select sub-Saharan African countries. Anne Fossemalle, EBRD Director for Private Equity Funds investment, said: “We are excited to support SPE Capital, a key strategic partner to the EBRD in the southern and eastern Mediterranean region, in their next phase of development, through our investment in PEF III. SPE Capital will leverage their established presence in regional offices in Tunis, Casablanca, Cairo and Abidjan to support African firms in reaching their full operational potential, deliver successful financial returns to investors and improve quality of life on the continent.” https://lnkd.in/dN5urh7V