Release date: 24 May 2022
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
The envelope aims at accelerating the deployment of digital infrastructure and solutions in sub-Saharan Africa. The envelope aims at financing operators of telecom infrastructure and service companies offering digital solutions.
Objectives
Accelerating the deployment of digital infrastructure and solutions in sub-Saharan Africa.
Comments
n/a
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 200 million
Environmental aspects
If it were located within the EU, the underlining projects would not require a mandatory environmental impact assessment (EIA), as it does not fall under Annex I or II of the EIA Directive 2014/52/EU amending the Directive 2011/92/EU. Full environmental and social details will be assessed during appraisal of the underlining projects, with particular focus on infrastructure, which are the projects that will require relevant construction work, and environmental and social studies may be required by the Bank.
Procurement
The Bank will require the Promoters of the underlining projects to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Status
Approved - 26/10/2022
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).