Release date: 17 December 2018
Promoter – Financial Intermediary
SOCIETE GENERALE CAMEROUN,SOCIETE GENERALE CONGO,SOCIETE GENERALE TCHAD SALocation
Description
The project consists of a regional credit facility with three Central African subsidiaries of Group Société Générale dedicated to the financing of private enterprises in the region with the objective to develop the local private sector.
Objectives
The project will help the financing of small and medium projects carried out by private enterprises (mostly small and medium sized enterprises).
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 40 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 - 31/08/2020
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).