Release date: 22 August 2018
Promoter – Financial Intermediary
PRIVATE ENTITY(IES)Location
Description
The project consists of European Commission support to the agri-food sector in Malawi to enable the provision by the EIB of capped guarantees to financial intermediaries on-lending EIB finance, as well as Technical Assistance (TA) to intermediaries and final beneficiaries.
Objectives
This project will increase financing of agriculture projects carried out by private sector enterprises, providing risk-sharing facility to financial intermediaries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 10 million
Total cost (Approximate amount)
EUR 60 million
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
Approved - 15/05/2019
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).