Date de publication: 26 février 2015
Promoteur – Intermédiaire Financier
Pamiga Association, a French not-for profit organisation that brings technical assistance to a network of 14 rural microfinance institutions in 10 sub-Saharan Africa countries.Lieu
Description
The project aims at providing affordable and reliable access to electricity and water in Sub-Saharan Africa countries (mainly in Benin, Burkina Faso, Cameroon, Kenya, Madagascar, Senegal, Tanzania and Togo) by financing micro-projects in rural areas of these countries. The EIB will lend to an investment vehicle whose objective is to provide stable local currency funding to selected African microfinance institutions (MFIs), for them to develop a loan portfolio dedicated to micro-projects in the solar energy, irrigation and drinking water sectors. Final beneficiaries include low-income households, micro-entrepreneurs and villages/communities. As an operation aiming to generate superior developmental impact, it qualifies for the Social Impact window of the financing envelope that was launched in early 2014 following the increase of the Investment Facility resources by EUR 500 million for the 2014-2020 period.
Objectifs
See above
Commentaires
The project will also benefit from a three-year technical assistance programme of EUR 1.5 million to reinforce target microfinance institutions’ capacity (1) to assess the appropriateness of the technology financed for a specific client segment; (2) to comply with the EIB’s standards in terms of procurement and of environmental and social risk management; (3) and to monitor and report on the impact of their financing activities for this particular programme. In addition, other stakeholders of the supply chain, such as clients, equipment installers and/or village technicians, as appropriate, will also benefit from capacity-building and awareness-raising activities on the technologies financed.
Secteur(s)
Montant BEI envisagé (montant approximatif)
EUR 4 million
Coût total (montant approximatif)
EUR 28 million
Aspects environnementaux
Environmental and social standards to be applied to micro-projects.
Passation des marchés
Not applicable
Statut
Signé - 23/03/2016
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).