The European Investment Bank, the EU bank, is the lending arm of the European Union and the world's largest multilateral lender. EIB is active in more than 160 countries worldwide and has operated in Africa since 1965. The Bank’s key investments around the world, through its subsidiary EIB Global, help create stability, promote sustainable growth and fight climate change. EIB invests in the digital economy throughout the value chain and has committed over EUR 1bn in the sector over the last 5 years.