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    Signature(s)

    Amount
    € 15,000,000
    Countries
    Sector(s)
    Regional - Africa : € 15,000,000
    Urban development : € 15,000,000
    Signature date(s)
    17/06/2013 : € 15,000,000

    Summary sheet

    Release date
    25 June 2012
    Status
    Reference
    Signed | 17/06/2013
    20120149
    Project name
    Promoter - financial intermediary
    SHELTER-AFRIQUE COMMUNITY DEVELOPMENT
    Company for Habitat and Housing in Africa, Shelter Afrique, a Regional Housing Finance and Development Bank headquartered in Nairobi
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 15 million
    EUR 50 million
    Description
    Objectives

    The operation will part-finance an investment programme being developed by Shelter Afrique for local SMEs in the construction sector which is intended to improve access to affordable housing for middle- and low-income households and to provide associated community infrastructure and services.

    The project is intended to improve access to shelter, basic services, employment, health and education for low and middle income households in sub-Saharan Africa.

    Environmental aspects
    Procurement

    The Bank will require the promoter to ensure compliance with the principles embodied in EU environmental laws and procedures, and follow the EIB Statement of Environmental and Social Principles and Standards.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank’s Guide to Procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - SHELTER-AFRIQUE COMMUNITY DEVELOPMENT
    Publication Date
    30 Jun 2016
    Document language
    Main Topic
    Lending
    Document Number
    67344219
    Document Focus
    Environmental Information
    Project Number
    20120149
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - SHELTER-AFRIQUE COMMUNITY DEVELOPMENT
    Publication Date
    29 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    142886934
    Document Focus
    Environmental Information
    Project Number
    20120149
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    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.

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