Reference:
20150530
Release date: 12 January 2016
Release date: 12 January 2016
Promoter – Financial Intermediary
NATIONAL BANK OF MALAWILocation
Description
Intermediated facility to support limited-scale private sector investments in Malawi, with an emphasis on the development of new agricultural storage capacity
Objectives
Financing of investments carried out by small and medium-sized enterprises (SMEs) and mid-caps in Malawi
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The environmental and social assessment capacities and approval requirements of the Malawi authorities will be assessed at appraisal, in order to ensure compliance of the operation with the Bank's environmental and social policy.
Procurement
The EIB will require the promoter to ensure that implementation of the investments is done in accordance with the Bank's Guide to Procurement.
Status
Signed - 20/07/2016