ATIDI MEMBERSHIP INCREASE COTE D IVOIRE

Projektträger – zwischengeschaltetes Finanzinstitut

AFRICAN TRADE INSURANCE AGENCY

Ort

• Côte d'Ivoire

Beschreibung

The project will finance the country's membership capital increase in the African Trade and Investment Development Insurance (ATIDI)'s equity. Through this operation, Cote d'Ivoire will get additional access to ATIDI's guarantee and trade insurance products for private and public sector investments in the country.

Ziele

The operation will benefit : i) local private sector actors, including micro, small and medium-sized enterprises (MSMEs), by providing an extensive set of financing tools for investment and trade; ii) foreign investors, by enhancing access to foreign direct investment (FDI) for the country's economy. In addition, ATIDI can support Public-Private Partnerships (PPPs) projects complementing funding from development finance institutions (DFIs) and commercial banks, for example in the energy sector. With a focus on its low carbon transition initiative (up to 75%), the operation is in line with the country's Environmental, social, and governance (ESG) strategy and the EU policy for Côte d'Ivoire. The operation also aim at supporting on a best effort basis the sustainable cocoa sector. Hence, the project contributes to several Sustainable Development Goals (SDGs), such as inclusive economic growth (SDG 8), poverty reduction (SDG 1) and climate action (SDG 13).

Sektor(en)

• Dienstleistungen - Erbringung von Finanz- und Versicherungsdienstleistungen

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

EUR 50 million

Gesamtkosten (voraussichtlicher Betrag)

EUR 105 million

Umweltaspekte

By bringing a positive impact on climate and environment, the project contributes to climate action and environmental sustainability objectives, in particular to climate mitigation, climate adaptation, renewable energy, pollution prevention and control programmes.

Auftragsvergabe

The promoter will have to ensure that implementation of the project will be done in accordance with EIB's Guide to Procurement.

Projektstatus

Unterzeichnet - 27/12/2024