Signature(s)
Amount
€ 60,000,000
Countries
Sector(s)
South Africa
: € 60,000,000
Credit lines
: € 60,000,000
Signature date(s)
26/06/2009 : € 60,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
4 March 2009
Status
Reference
Signed | 26/06/2009
20080477
Project name
Promoter - financial intermediary
DBSA Municipal Infrastructure Line of Credit
Development Bank of Southern Africa (DBSA)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Line of credit for on-lending to municipal infrastructure projects.
Improve the availability of long-term funding in local currency in order to assist South African municipalities with the provision of basic infrastructure and services.
Environmental aspects
Procurement
The financial intermediary will be required to ensure compliance of the sub-projects with the Bank’s environmental requirements, and to provide an environmental summary with every sub-project.
Procurement for projects to be financed from the proposed operation will be in accordance with the Bank’s procurement guidelines for credit lines outside the EU.
Link to source
Summary sheet
Other links
Data sheet