The target EUR 50 million fund will take equity participations and lend to Small and Medium Sized Enterprises in francophone Africa and Ghana, and to Microfinance Institutions in Africa at large. In addition to capital, the Fund will bring technical, strategic and operational support to the investee companies.
The Fund’s objective is to foster the development of the private sector by supporting micro, small and medium-sized enterprises with both funding and technical assistance, while applying high Environmental and Social standards in the selection and monitoring of the investments.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how the EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.