Date de publication: 25 février 2025
Promoteur – Intermédiaire Financier
ZEMEN BANK SCLieu
Description
The operation consists in an intermediated loan to Zemen Bank to on-lend to exporting small and medium-sized enterprises (SMEs) and mid-caps in Ethiopia with a particular focus on projects related to agriculture, climate action and environmental sustainability. Additionally, the operation will also support projects promoting gender equality and women economic empowerment in line with the 2X challenge criteria.
Objectifs
The aim is to enhance access to finance to the target beneficiaries.
Secteur(s)
- Lignes de crédit - Lignes de crédit
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Montant BEI envisagé (montant approximatif)
EUR 20 million
Coût total (montant approximatif)
not applicable
Aspects environnementaux
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Passation des marchés
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Statut
Approuvé - 15/05/2025