EIB Global Named Development Lender of the Year at Uxolo Awards

EIB Global secured the Development Lender of the Year title at the 2026 Uxolo Pathfinder Awards, underscoring its expanding footprint in international project finance. The recognition follows a year in which the bank committed more than €9 billion toward projects outside the European Union, prioritizing infrastructure and sustainable energy development.

Editorial·June 12, 2026·reads: 2,944

EIB Global Named Development Lender of the Year at Uxolo Awards

The bank’s international arm has shifted its strategy to align internal operations with EU policy goals while emphasizing tangible impact in emerging markets. This year, the jury highlighted two flagship operations that exemplify the bank's dual focus on crisis response and long-term decarbonization.

In Ukraine, a €350 million loan to Naftogaz provided crucial support for energy resilience and winter gas storage, bolstered by a €127 million grant from Norway. Simultaneously, the bank directed $150 million toward the Obelisk Solar Project in Egypt. This 1.1 GW initiative, supported by a consortium including the African Development Bank and EBRD, serves as a model for large-scale energy storage and clean power delivery in Africa. Beyond these energy projects, the bank continues to target private sector growth, specifically focusing on initiatives that expand economic opportunities for women and youth in developing economies.