We had the honor to host Ms. Ekaterina Solovova The Head of Albania from the European Bank for Reconstruction and Development (EBRD), in an Open Lecture at Epoka University, on March 13th, 2024.

Ms. Solovova's lecture shed light on the key role of EBRD in Albania's development trajectory, emphasizing their mission to cultivate open and sustainable market economies in nations committed to democratic principles.

During her presentation, Ms. Solovova shared insights into EBRD's extensive impact and operations. Established in 1991, the bank operates across 36 countries spanning three continents. With a substantial impact investment totalling €190 billion since its inception, EBRD has spearheaded over 6,800 projects worldwide, underlining its significant contribution to global development.

Highlighting EBRD's strategic priorities in Albania, Ms. Solovova underscored initiatives aimed at governance improvements, energy diversification, low-carbon transition, and boosting private sector competitiveness and inclusion through enhanced access to finance and skills.

Moreover, Ms. Solovova detailed EBRD's investment portfolio in Albania, spotlighting key projects in strategic sectors such as energy, transportation, infrastructure, and renewables. Noteworthy ongoing ventures include initiatives in tourism and infrastructure development, railways construction, road reconstruction, and renewable energy projects, among others.

Additionally, EBRD's commitment to nurturing entrepreneurship and fostering youth empowerment was evident through programs like the Youth in Business Programme. Through this program, EBRD offers financing, knowledge, skills, and resources to micro, small, and medium-sized enterprises (MSMEs) owned by entrepreneurs under 35.

Mrs. Ekaterina Solovova's lecture emphasized the impact of EBRD's endeavors on Albania's developmental journey. Her insights underscored not only the bank's strategic initiatives but also its human-centric approach towards fostering economic empowerment and opportunity. Through collaborative efforts and innovative programs, EBRD continues to play a vital role in shaping a brighter, more inclusive future for Albania.

We thank Ms. Solovova for the valuable insights!