ACP COVID-19 HEALTH AND ECONOMIC RESILIENCE

Promoteur – Intermédiaire Financier

ACCEPTABLE BANK(S),PUBLIC ENTITY(IES)

Lieu

• Afrique, Caraïbes et Pacifique

Description

The project concerns a Programme Loan dedicated to mitigate the impacts of the novel coronavirus (COVID-19) pandemic in the ACP countries. The investment facility aims to provide financing towards a range of measures to support the health emergency response and pandemic prepareness interventions as well as the economic hardships experienced in the countries by small and medium sized enterprises (SMEs) and midcaps.

Objectifs

The project will support the ACP countries to provide citizens access to critical health and civil protection measures in addition to providing support to SME and midcap enterprises during and in the aftermath of the COVID-19 pandemic. The project will contribute to the countries' pandemic preparedness and response efforts in the fight against COVID-19 and addresses the gaps in their available infrastructure, equipment, medical materials and pharmaceutical needs in the face of the pandemic. The project will also contribute to increasing liquidity for SMEs and Midcaps and thus limiting negative economic impacts of the pandemic. The operation is expected to provide the healthcare sector and local businesses the capability to deal with, and the support to endure, the COVID-19 pandemic and aid in the mid-term recovery process post crisis.

Secteur(s)

• Santé - Santé humaine et action sociale
• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 600 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

The promoters have to ensure that the implementation of the project will be done in accordance with the EIB's Environmental and Social principles and standards.

Passation des marchés

The promoters have to implement the project in line with the EIB's Guide to Procurement.

Statut

Approuvé - 29/05/2020