The European Investment Bank (EIB) has granted financing of €30 million to OLEDWorks, a provider of innovative lighting solutions for the automotive industry, microdisplays, and other specialty lighting applications. The loan aims to support the company's expansion and product development within the European Union, with a primary focus on automotive clients. Most of the investment will be used at the borrower's existing site in Aachen, Germany.

The European Investment Bank Group and the European Commission agreed to simplify State aid rules in relation to EIB Group financing, in a step to further facilitate support for Europe’s industry and economic competitiveness.

The Heads of Multilateral Development Banks (MDBs) met today in Paris, hosted by the Council of Europe Development Bank (CEB), which currently chairs the Heads of MDBs Group. The meeting focused on advancing their joint efforts to address  development priorities.

Fintech Notes No 2025/004

Country Report No. 2025/148

Country Report No. 2025/149

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Libya. The Executive Board’s decision was taken on a lapse-of-time basis.

Djibouti has been navigating regional tensions well, with robust growth, moderate inflation, and recovering reserves. In response to global uncertainties and domestic debt challenges, the authorities plan significant fiscal consolidation, including leveraging state-owned enterprises (SOE) dividends meaningfully, and advancing creditor dialogue. The authorities remain dedicated to investing in human capital and creating favorable investment conditions for job creation.