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Signature(s)

Amount
€ 100,000,000
Sector(s)
Credit lines : € 100,000,000
Signature date(s)
25/10/2017 : € 100,000,000
Link to source

Summary sheet

Release date
17 May 2017
Status
Reference
Signed | 27/10/2017
20170296
Project name
Promoter - financial intermediary
AFREXIMBANK LOAN FOR PRIVATE SECTOR
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
Not applicable.
Description
Objectives

Financing facility for eligible private sector entities or commercially operated public sector entities undertaking eligible investments in Sub-Saharan Africa. These eligible investments would be directly financed by Afreximbank or through commercial banks with which the EIB does not maintain a relationship.

Financing of small and medium-sized investment projects in support of intra and extra African trade. This operation contributes to international and regional integration by supporting entrepreneurs and job creation.

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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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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