Release date: 25 May 2022
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
Envelope to provide financing to a number of financial intermediaries across sub-Saharan Africa for on-lending to eligible small and medium-sized enterprises (SMEs) and mid-caps active in agriculture value chains.
Objectives
Financing of primarily agriculture value chain projects carried out by final beneficiaries including small and medium-sized enterprises.
Sector(s)
- Credit lines - Credit lines
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 200 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
Approved - 13/07/2022
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).