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Reference: 20160471
Release date: 9 August 2016

Promoter – Financial Intermediary

ACCEPTABLE BANK(S)

Location

Description

Line of credit to finance projects undertaken by private enterprises in United Republic of Tanzania, Uganda & Democratic Republic of Congo

Objectives

Financing of small/medium projects carried out by private enterprises in the three countries concerned

Comments

The project will include a significant technical assistance component which will help the banks develop the small and medium-sized enterprise (SME) banking facilities of their existing branch networks.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 75 million

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 8/03/2017

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Regional - East Africa Regional - Central Africa Credit lines