IFC, EIB Group and European Commission back Biovac to build Africa’s first end-to-end multi-vaccine manufacturing site, advancing vaccine self-reliance

Biovac, a leading African vaccine manufacturer, has secured a major financing package from the International Finance Corporation (IFC), the EIB Group, and the European Commission to build Africa’s first end-to-end multi-vaccine manufacturing facility. The project will increase access to life-saving vaccines, strengthen the continent’s capacity to prepare for future pandemics, and advance Africa’s long-term health resilience. The project will expand Africa’s vaccine manufacturing capacity, support equitable access to essential immunisations, and strengthen preparedness for future pandemics.  The investment is enabled by a financing package led by IFC as the mandated…

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76% of young Europeans say the climate impact of prospective employers is an important factor when job hunting

The second part of the 2022-2023 European Investment Bank (EIB) Climate Survey explores people’s views on climate change in a rapidly changing world. The results from this release focus on people’s individual behaviour and the actions they are taking to combat climate change. 76% of Europeans aged 20-29 say the climate impact of prospective employers is an important factor when job hunting, and 22% say it is even a top priority. 66% of all European respondents are in favour of stricter government measures to impose a change in personal behaviour…

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EIB Group commits record financing in support of EU energy security and green economy

The European Investment Bank Group signed a record amount in new financing for renewables, efficiency, storage and grids in 2022, highlighting the EU bank’s unwavering commitment to ensure access to affordable energy at a time of extreme uncertainty. Total EIB financing signed for sustainable energy projects inside the European Union reached an unprecedented €17.06 billion, as the Bank began rolling out a special package of support for the REPowerEU plan to end dependency on Russian fuel imports. Overall EIB Group (European Investment Bank and European Investment Fund) financing signed last year…

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