Release date: 15 May 2007
Promoter – Financial Intermediary
African Banking Corporation Zambia LimitedLocation
Description
A credit line to selected commercial banks and leasing companies for medium-term on-lending / leasing to a wide range of small and medium sized enterprises in Zambia.
Objectives
To promote the private sector in all sectors eligible under the Cotonou Agreement.
Comments
The private sector, in particular industry; agro-industry; commercial agriculture, tourism, mining, energy, water and sewerage, transport and telecommunications, services linked to these sectors.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
All beneficiaries to satisfy EIB environmental requirements. Environmental summary fiches to be supplied for all allocations.
Procurement
Standard EIB procurement procedures for credit lines will be applied.
Status
Signed - 26/11/2008
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).