- The European Bank for Reconstruction and Development approves Nigeria, Ivory Coast, and Benin for investment
- Formal vote held during the bank’s annual board meeting
- New members gain access to millions in potential funding
- Investments to begin after treaty amendment takes effect in July
- Kenya, Ghana, and Senegal also under review for future membership
- EBRD shifts focus beyond Europe to include parts of Africa and Asia
- Over €200 billion invested globally in sectors like infrastructure and green innovation
- New African operations emphasize green transition, governance, and equal opportunity
