Release date: 12 January 2016
Promoter – Financial Intermediary
NATIONAL BANK OF MALAWILocation
Description
Intermediated facility to support limited-scale private sector investments in Malawi, with an emphasis on the development of new agricultural storage capacity
Objectives
Financing of investments carried out by small and medium-sized enterprises (SMEs) and mid-caps in Malawi
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The environmental and social assessment capacities and approval requirements of the Malawi authorities will be assessed at appraisal, in order to ensure compliance of the operation with the Bank's environmental and social policy.
Procurement
The EIB will require the promoter to ensure that implementation of the investments is done in accordance with the Bank's Guide to Procurement.
Status
Signed - 20/07/2016
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).