Date de publication: 25 mars 2021
Promoteur – Intermédiaire Financier
ACCEPTABLE BANK(S)Lieu
Description
Sovereign loan to part-finance a guarantee scheme for SMEs and mid-caps affected by the COVID-19 pandemic in Benin, contributing to the measures put in place by the government in the context of its economic and social resilience response to the pandemic.
Objectifs
The proposed operation aims at addressing the long-standing credit constraints of agri-food value chain actors in Benin by de-risking agricultural lending for financial institutions. In doing so, the project is expected to contribute towards addressing the market failure of imperfect information and the ensuing obstacles to access to finance that agricultural stakeholders are confronted with. Simultaneously, the operation aims at supporting the country's COVID-19 recovery efforts through interventions that restore the livelihoods of agri-food value chains stakeholders, thus supporting business continuity and associated employment.
Secteur(s)
- Agriculture, pêche, sylviculture - Agriculture, sylviculture et pêche
Garantie au titre du MPE
This operation is covered by the ELM Guarantee.
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Montant BEI envisagé (montant approximatif)
EUR 45 million
Coût total (montant approximatif)
not applicable
Aspects environnementaux
The Bank will require the Promoter to take all the requisite measures to ensure that final beneficiaries implementing sub-projects receiving EIB financing will comply with national legislation and the ElB's Environmental and Social Standards as well as international treaties and conventions signed and ratified by or otherwise applicable and binding in the country.
Passation des marchés
The Bank will require the Promoter to take all requisite measures to ensure that any procurement procedures carried out by final beneficiaries for the sub-projects that the Bank finances are in accordance with the Bank's Guide to Procurement
Statut
Signé - 17/12/2021
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).