Release date: 15 April 2013
Promoter – Financial Intermediary
EUROPEAN FINANCING PARTNERS SALocation
Description
Replenishment of European Financing Partners (EFP) through a further contribution of up to EUR 100 million from the Investment Facility to co-finance on a pari passu basis with European Development Finance Institutions' (EDFIs) operations in African, Caribbean and Pacific (ACP) countries.
Objectives
Promoting viable private sector investment in ACP countries.
Comments
Sector(s)
- Credit lines - Credit lines
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
not applicable
Environmental aspects
All projects financed under the scheme must comply with applicable environmental and social standards and must meet the relevant standards.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 30/08/2013
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).