Date de publication: 13 août 2021
Promoteur – Intermédiaire Financier
ECOBANK TRANSNATIONAL INCLieu
Description
This facility provides a partial portfolio guarantee to the financial intermediary Ecobank Transnational Incorporated (ETI) in order to support financing eligible small and medium-sized investments undertaken by small and medium-sized enterprises (SMEs) in several sub-Saharan countries, thereby contributing to economic resilience, employment-generating activities and alleviating the economic burden due to the COVID-19 outbreak in the region.
Additionality and Impact
This risk sharing facility (RSF) provides a partial portfolio guarantee to the financial intermediary Ecobank Transnational Incorporated (ETI). ETI - through its lending subsidiaries - would support financing for eligible small- and medium-sized investments undertaken by SMEs in several Sub-Saharan Countries. This facility therefore contributes to economic resilience, employment generating activities and alleviating the economic burden due to the COVID-19 outbreak in the region.
The operation supports sustainable growth and jobs which is part of the main pillars of the EU's strategic alliance with Africa.
The RSF provides risk support to the Ecobank Group and thereby promotes the mandate's objective of enabling access to finance ? at advantageous terms like reduced collateral requirements - to SMEs. The RSF will stimulate the Group to expand its outreach to small and medium sized enterprises and simultaneously support the attraction of funds from other private sector stakeholders for the supported projects.
Objectifs
The primary objective of the operation is to enhance access to finance for small and medium-sized enterprises (SMEs) and enable improved terms and conditions like reduced collateral requirements and/or lower financing costs.
Secteur(s)
- Lignes de crédit - Lignes de crédit
Montant BEI envisagé (montant approximatif)
EUR 15 million
Coût total (montant approximatif)
EUR 94 million
Aspects environnementaux
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Passation des marchés
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Statut
Signé - 27/10/2022
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).