Release date: 17 May 2017
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
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.
Objectives
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.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 27/10/2017
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).