EBRD backs Mota-Engil Africa mining operations in Côte d’Ivoire and Senegal with €99.1 million loan

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EBRD backs mining in Africa

Highlights

EBRD extends a €99.1 million loan to Mota-Engil Africa for equipment upgrades, working capital, and investment refinancing at three mines in Côte d’Ivoire and Senegal.
Mota-Engil Africa will implement technical training programmes and gender-inclusion initiatives, supported by €200,000 in EBRD technical cooperation funding.
Since starting regional investments in 2025, the EBRD has deployed over €620 million in infrastructure, energy, natural resources and other sectors across sub-Saharan Africa.

Loan supports equipment upgrades and mine operations

As reported by European Bank for Reconstruction and Development, the loan is being provided to Mota-Engil Africa to finance modern equipment purchases, support working capital needs and refinance recent investments at three mines in Côte d’Ivoire and Senegal.

Mota-Engil Africa, which operates engineering, construction and mining services projects across the continent, is expected to use the funding to improve productivity, strengthen operational capacity and support more sustainable mining activity. The replacement of older machinery with newer equipment is also intended to cut fuel consumption and lower greenhouse gas emissions.

Training and inclusion plans broaden regional impact

Alongside the financing, Mota-Engil Africa is making a strategic investment in local human capital through nationally accredited technical training programmes developed with educational institutions in Côte d’Ivoire and Senegal. The programmes are designed to build skills for the modern mining industry, expand the pool of qualified workers and widen access to employment opportunities.

The company is also introducing targeted measures to recruit, retain and promote more women in technical, operational and leadership roles. Both workstreams are being supported by a €200,000 technical cooperation programme from the EBRD under its Gender and Economic Inclusion Framework.

The deal adds to the EBRD’s push in sub-Saharan Africa since it began investing in the region in 2025. The bank says it has invested more than €620 million so far across Benin, Côte d’Ivoire, Kenya, Nigeria and Senegal in sectors including infrastructure, energy, natural resources, telecommunications, agribusiness and financial institutions.

In our earlier article on ASEAN’s push to lower cross-market barriers, we looked at how young entrepreneurs still face hurdles when expanding across member markets despite regional integration efforts. We also covered Selangor’s initiatives to speed up business approvals and launch accelerator programmes aimed at helping startups and smaller firms connect to wider regional opportunities through better access and skills development.

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