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Signature(s)

Amount
€ 168,000,000
Sector(s)
Credit lines : € 168,000,000
Signature date(s)
1/12/2015 : € 5,000,000
27/09/2013 : € 5,000,000
12/12/2016 : € 7,000,000
5/03/2014 : € 7,000,000
23/12/2013 : € 8,000,000
27/09/2013 : € 10,000,000
28/10/2014 : € 13,000,000
4/11/2016 : € 15,000,000
29/12/2014 : € 20,000,000
1/09/2014 : € 28,000,000
27/06/2013 : € 50,000,000
Link to source

Summary sheet

Release date
9 November 2012
Status
Reference
Signed | 27/06/2013
20120317
Project name
Promoter - financial intermediary
EAST & CENTRAL AFRICA PEFF
A number of financial intermediaries, including National Microfinance Bank Plc, Tanzania and Family Bank, Kenya.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 160 million
EUR 320 million
Description
Objectives

The East & Central Africa Private Enterprise Finance Facility (ECA PEFF) will be made available to eligible financial intermediaries engaged in financing small and medium-sized enterprises in Kenya, Tanzania, Uganda, Rwanda, Burundi, Democratic Republic of Congo and Djibouti. Eligible businesses would be private enterprises involved in agribusiness, fishing, food processing, manufacturing, construction industry, transport, tourism, private education and healthcare and services related to these sectors.

Improve access and terms of financing to facilitate private sector investment (small and medium sized enterprises) in projects that stimulate economic growth.

Environmental aspects
Procurement

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

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

Link to source

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).

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