The European Investment Bank in Sub-Saharan Africa: constrained expansion

Anissa Bougrea

Journal of Economic Policy Reform, 2025, vol. 28, issue 1, 12-36

Abstract: Exploring the European Investment Bank’s (EIB) largely unexplored external operations, this article provides the first comprehensive analysis of the EIB’s activity in Sub-Saharan Africa (SSA) from its inception in 1957 up to 2024. The contribution enriches the discourse on re-aligning the European Financial Architecture for Development, by outlining the EIB’s inter-institutional considerations and its policy implications for both EU and SSA stakeholders. The findings reveal a “constrained expansion”, shaped by a mix of enablers such as EU geopolitical interests and a financialization-centric vision of development, and constraints including the Bank’s risk-aversion and increased competition with other development finance institutions.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/17487870.2024.2352543 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:jpolrf:v:28:y:2025:i:1:p:12-36

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GPRE19

DOI: 10.1080/17487870.2024.2352543

Access Statistics for this article

Journal of Economic Policy Reform is currently edited by Dr Judith Clifton

More articles in Journal of Economic Policy Reform from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().