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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDefense spending must not detract from climate-driven initiatives, says EIB's CalviñoNadia Calviño, president of the European Investment Bank, discusses her mandate for the organization and explains how the bank plans to support European security and defense.
Persons: EIB's, Nadia Calviño Organizations: Email Defense, European Investment Bank
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEIB's Hoyer: Reviewing business in Israel and Palestinian territoriesWerner Hoyer, president of the EIB, discusses the impact the conflict in the Middle East is having on the organization's operations.
Persons: EIB's Hoyer, Werner Hoyer Locations: Israel
The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Also interested are the politically non-affiliated Italian central banker Daniele Franco, Poland's right-wing former Finance Minister and current EIB Vice President Teresa Czerwinska, and Sweden's socialist former Energy Minister and also current EIB Vice President Thomas Ostros. "We can say we are really spoilt for choice because all the candidates are excellent," German Finance Minister Christian Lindner told reporters on Thursday. The EIB is the lending arm of the EU and is active in 160 countries offering loans, guarantees, equity investments and advisory services. Germany's Deputy Central Bank Governor Claudia Buch and her Spanish counterpart Margarita Delgado are both in the running.
Persons: Eric Vidal, Vincent van Peteghem, Germany's Werner Hoyer, Margrethe Vestager, Nadia Calvino, Daniele Franco, Poland's, Teresa Czerwinska, Thomas Ostros, Christian Lindner, Central Bank Governor Claudia Buch, Margarita Delgado, Buch, Vestager, Emmanuel Macron, Richard Chang Organizations: European Investment Bank, Reuters, Rights, Belgian, Union, European Commission, Finance, Energy, European Central Bank, Germany's, Central Bank Governor, SSM, Thomson Locations: Luxembourg, Rights BRUSSELS, Italian, Spanish, EU, Paris, Spain
NAIROBI, Jan 17 (Reuters) - Madagascar's WeLight, an off-grid solar company, has secured 19 million euros ($20.57 million) to connect 50,000 households to electricity in the next two years, it said on Tuesday. Off-grid solar power, spearheaded by a variety of start-ups, has gained in popularity in Africa because it can affordably connect millions of homes which are left off mainstream electricity grids to clean power. The project is being financed by the European Investment Bank (EBI), EDFI ElectriFI and Triodos Investment Management, WeLight said in a joint statement. WeLight, which is owned by Madagascar's Axian Group, Norwegian investment fund Norfund and Sagemcon, already provides solar power to 9,000 rural Malagasy households. WeLight builds small solar power plants, storage units, distribution lines and installs a meter at each customer's premises, offering round the clock electricity, it said.
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