Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

TDB SMES AND CLIMATE ACTION LOAN

Signature(s)

Amount
€ 108,166,576.52
Sector(s)
Energy : € 27,041,644.12
Credit lines : € 81,124,932.4
Signature date(s)
6/12/2019 : € 27,041,644.12
6/12/2019 : € 81,124,932.4
Link to source

Summary sheet

Release date
23 December 2019
Status
Reference
Signed | 06/12/2019
20190279
Project name
Promoter - financial intermediary
TDB SMES AND CLIMATE ACTION LOAN
ACCEPTABLE BANK(S),EASTERN AND SOUTHERN AFRICAN TRADE AND DEVELOPMENT BANK
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 120 million (EUR 109 million)
not applicable
Location
Sector(s)
Description
Objectives

The project concerns a loan up to USD 120m for part-financing eligible projects, including at least 25% climate action projects. Projects need to be undertaken by private sector entities or commercially run public enterprises across the Member States of the African Trade and Development Bank (TDB), a regional African Development Finance Institution. These eligible investments would be financed directly by TDB or, in the case of loans to small small and medium-sized enterprises (SMEs), through financial institutions with which the EIB does not maintain a relationships.

The project will help the financing of projects mainly carried out by SMEs, as well as renewable energy and energy efficiency projects. This operation contributes to climate action and economic growth and development 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).

Documents

Environmental and Social Data Sheet (ESDS) - TDB SMES AND CLIMATE ACTION LOAN
Publication Date
5 Feb 2020
Document language
Main Topic
Lending
Document Number
95458307
Document Focus
Environmental Information
Project Number
20190279
Sector(s)
Publicly available
Download now

News & Stories

Photogallery

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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.

Related publications