Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Regional - Central Africa : € 20,000,000
    Services : € 5,000,000
    Credit lines : € 15,000,000
    Signature date(s)
    24/05/2006 : € 5,000,000
    24/05/2006 : € 15,000,000
    Link to source

    Summary sheet

    Release date
    5 January 2006
    Status
    Reference
    Signed | 24/05/2006
    20050251
    Project name
    Promoter - financial intermediary
    BDEAC Global Loan III

    Banque de Développement des Etats d'Afrique Centrale (BDEAC)
    Mr A Malloum
    Finance Department Director
    Place du Gouvernement
    BP 1177 Brazzaville

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 15m for the credit line. EUR 5m for the partial guarantee for loans.
    Not applicable.
    Description
    Objectives

    Credit line for financing projects promoted by private enterprises in CEMAC Member States. Partial guarantee for BDEAC loans to private sector enterprises.

    The proposed operation will provide the financial intermediary with long-term resources and serve to improve the financial terms offered to final beneficiaries in a targeted manner. It will also support the private sector in the CEMAC region, thereby contributing to job creation, economic diversification and the reduction of poverty.

    Environmental aspects
    Procurement

    The EIB will assist BDEAC in the area of environmental impact assessment in order to ensure that projects supported comply with the Bank’s requirements.

    The BDEAC undertakes to ensure that the EIB's procurement criteria are observed.

    Comments

    Industrial, agro-industrial, mining and service sectors.

    Link to source
    Summary sheet

    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).

    News & Stories

    Other links

    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications