Search EN menu en EIB GROUP CLIENT PORTAL
Close EIB GROUP CLIENT PORTAL
Search
Search
Results
Top 5 search results See all results Advanced search
Top searches
    Most visited pages

        SOUTHERN AFRICA AND INDIAN OCEAN SMERF

        Signature(s)

        Amount
        € 50,000,000
        Countries
        Sector(s)
        Seychelles : € 10,000,000
        Kingdom of Eswatini : € 10,000,000
        Kredietfaciliteiten : € 50,000,000
        Signature date(s)
        24/09/2019 : € 3,500,000
        10/09/2019 : € 10,000,000
        14/11/2019 : € 10,000,000
        18/12/2018 : € 12,500,000
        15/12/2021 : € 14,000,000

        Summary sheet

        Release date
        5 December 2017
        Status
        Reference
        Signed | 18/12/2018
        20170481
        Project name
        Promoter - financial intermediary
        SOUTHERN AFRICA AND INDIAN OCEAN SMERF
        ACCEPTABLE BANK(S)
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 50 million
        Not applicable.
        Location
        Sector(s)
        Description
        Objectives

        The Small and Medium-sized Enterprise-focused Regional Facility (SMERF) is a regional credit facility for financial intermediaries to on-lend primarily to Small and Medium-sized Enterprise (SME) projects in the southern African and Indian Ocean regions (excluding South Africa).

        The project will help finance projects carried out by small and medium-sized enterprises and other final beneficiaries.

        Environmental aspects
        Procurement

        Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

        Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
        They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        General enquiries and comments

        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.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

        Related publications