Veröffentlichungsdatum: 16 Mai 2022
Projektträger – zwischengeschaltetes Finanzinstitut
FIRST CAPITAL BANK ZAMBIA LTDOrt
Beschreibung
Credit line for First Capital Bank Zambia for on-lending to eligible small and medium-sized enterprises (SMEs) and mid-caps active in agriculture value chains.
Additionality and Impact
Access to finance is one of the main market constrains in Zambia, particularly for long term financing. The proposed RSF and the complementary Agriculture Value Chain lending financing bear a longer maturity than typically available in the market. This operation will reduce credit risk for financial intermediaries financing primary and secondary agriculture projects, one of the drivers of the country's economy. The RSF will allow the FI to reduce the commonly very high collateral requirements when lending, mainly to SMEs active in the sector.
The EIB aims through this operation to generate opportunities to: (i) promote inclusive value chain development by integrating smallholders, increase income, more secure linkages and access to new markets and services (ii) foster green and sustainable agriculture and (iii) embrace digitization in the targeted sector.
The FI and potentially final beneficiaries will further benefit from Technical Assistance focussed on a broad range of capacity building activities.
The project is under the auspices of the EU's external action plan NDICI and its Investment Framework as well as the African Union's Agenda 2063 and the EU Sub-Saharan Africa Multi-Annual Indicative programme 2021-2027, which supports a stronger regional and continental economic integration.
Ziele
Financing of primarily agriculture value chain projects carried out by final beneficiaries including small and medium-sized enterprises.
Sektor(en)
- Durchleitungsdarlehen - Durchleitungsdarlehen
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 10 million
Gesamtkosten (voraussichtlicher Betrag)
not applicable
Umweltaspekte
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Auftragsvergabe
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Projektstatus
Unterzeichnet - 9/06/2023
Haftungsausschluss
Bis Finanzierungen vom Verwaltungsrat genehmigt und anschließend unterzeichnet werden, befinden sich die Projekte in der Prüfungs- oder Verhandlungsphase. Die Angaben auf dieser Seite sind daher unverbindlich.
Sie dienen lediglich der Transparenz und stellen nicht die offizielle EIB-Politik dar (vgl. auch die erklärenden Anmerkungen).