News — The EDB Fund for Digital Initiatives

The Fund for Digital Initiatives of the Eurasian Development Bank (EDB) signed a Memorandum of Cooperation with the Ministry of Artificial Intelligence and Digitalization of the Republic of Kazakhstan under the auspices of the Digital Qazaqstan forum held on March 27 in Shymkent

The Eurasian Development Bank (EDB) will hold its Annual Meeting and Business Forum on June 25–26, 2026 in Almaty. The event will serve as a key international platform for discussing investment opportunities and long-term development strategies for the Eurasian region. Delegates from 15 countries are expected to participate, including representatives of multilateral banks, government bodies, international businesses, and the expert community. The highlight of the business program will be the plenary session “Eurasia 2030+: Investment, Growth and New Opportunities.”

The Eurasian Development Bank (EDB), a leading multilateral development bank fostering economic growth in the Eurasian region, has redeemed its five-year Eurobond issue (ISIN XS2315951041).

The Eurasian Development Bank (EDB) has presented a report titled “Power Sector of Central Asia: modernization and energy transition.” By 2030, electricity consumption in the region will grow by 40%, and by 2035, 62.8 GW of new capacity are planned to be commissioned. Under these conditions, the Bank’s experts propose a “middle path” strategy - a balanced approach that combines the modernization of conventional generation with the development of renewable energy. Calculations show that this scenario is 30–45% cheaper than “green maximalism” and reduces the carbon footprint by a factor of 5 compared to a conservative development path

The Eurasian Development Bank (EDB) and the Ministry of Finance of the Republic of Armenia have signed an agreement to provide technical assistance in the amount of up to $250 thousand. The funds will be directed toward establishing a professional Public-Private Partnership (PPP) Center and strengthening the institutional framework in this area

The cooperation between the Eurasian Development Bank (EDB) and Kcell is aimed at promoting Kazakhstan’s digital transformation by expanding mobile network coverage and introducing high-speed internet in urban and rural areas across the country.

Olzhas Bektenov, Prime Minister of Kazakhstan, met with Nikolai Podguzov, Chairman of the Eurasian Development Bank’s (EDB) Management Board. The parties discussed the implementation of projects in priority sectors and prospects for further expansion of investment cooperation.

Development banks are becoming international knowledge centers: EDB research