RIPOSTE SANITAIRE COVID-19 BENIN

Promoter – Financial Intermediary

REPUBLIQUE DU BENIN

Location

• Benin

Description

The project aims to mitigate the impacts of the COVID-19 pandemic by providing finance to the Republic of Benin for a range of eligible measures to support the health emergency response and pandemic preparedness interventions under the country's COVID-19 health response plan.

Objectives

The objective of the operation is to help the Government of Benin to meet emergency needs in the health sector directly related to the COVID-19 pandemic in line with the Government's "Preparedness and response plan to COVID-19 in Benin (March-August 2020)." The project is key, first, to save human lives and second, to respond to the emergency and prepare the system for a likely possible further escalation and spread of the COVID-19 pandemic in Benin.

Comments

The project will contribute to the achievement of Sustainable Development Goal (SDG) 3 (Good Health and Well-Being), to which both the EU and the EIB are fully committed.

Sector(s)

• Health - Human health and social work activities

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Proposed EIB finance (Approximate amount)

EUR 30 million

Total cost (Approximate amount)

EUR 33 million

Environmental aspects

The Bank will require that the Promoter ensure that the implementation of the project will be done in accordance with the Bank's Environmental and Social Principles and Standards.

Procurement

The Bank will require that the Promoter ensure that the implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Status

Signed - 27/11/2020