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    Signature(s)

    Amount
    € 168,000,000
    Countries
    Sector(s)
    Regional - East Africa : € 168,000,000
    Credit lines : € 168,000,000
    Signature date(s)
    1/12/2015 : € 5,000,000
    27/09/2013 : € 5,000,000
    12/12/2016 : € 7,000,000
    5/03/2014 : € 7,000,000
    23/12/2013 : € 8,000,000
    27/09/2013 : € 10,000,000
    28/10/2014 : € 13,000,000
    4/11/2016 : € 15,000,000
    29/12/2014 : € 20,000,000
    1/09/2014 : € 28,000,000
    27/06/2013 : € 50,000,000
    Link to source

    Summary sheet

    Release date
    9 November 2012
    Status
    Reference
    Signed | 27/06/2013
    20120317
    Project name
    Promoter - financial intermediary
    EAST & CENTRAL AFRICA PEFF
    A number of financial intermediaries, including National Microfinance Bank Plc, Tanzania and Family Bank, Kenya.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 160 million
    EUR 320 million
    Description
    Objectives

    The East & Central Africa Private Enterprise Finance Facility (ECA PEFF) will be made available to eligible financial intermediaries engaged in financing small and medium-sized enterprises in Kenya, Tanzania, Uganda, Rwanda, Burundi, Democratic Republic of Congo and Djibouti. Eligible businesses would be private enterprises involved in agribusiness, fishing, food processing, manufacturing, construction industry, transport, tourism, private education and healthcare and services related to these sectors.

    Improve access and terms of financing to facilitate private sector investment (small and medium sized enterprises) in projects that stimulate economic growth.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Link to source

    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).

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