The European Investment Bank (EIB) advertises itself as ‘Europe’s bank’ but the Luxembourg-based bank is active elswhere too, co-ordinating projects and credit lines worth almost €2.5 billion in east Africa.
Jointly owned and financed by the EU’s 28 countries, the bank has been active in east Africa since the 1960s and has had a bureau in the Kenyan capital Nairobi since 2005.
The EIB is expected to be the driving force behind European Commission President Jean-Claude Juncker’s p...
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