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Signature(s)

Amount
€ 8,000,000
Countries
Sector(s)
Burkina Faso : € 3,000,000
Niger : € 5,000,000
Credit lines : € 8,000,000
Signature date(s)
27/04/2016 : € 3,000,000
14/03/2016 : € 5,000,000

Summary sheet

Release date
20 October 2014
Status
Reference
Signed | 14/03/2016
20140299
Project name
Promoter - financial intermediary
LIGNE DE CREDIT BOA BURKINA FASO ET NIGER
BANK OF AFRICA - BURKINA FASO, BANK OF AFRICA - NIGER
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 11 million
Not applicable.
Location
Sector(s)
Description
Objectives

Ligne de crédit visant à soutenir le développement des entreprises privées et du secteur financier, y compris la microfinance, dans les deux pays sahéliens parmi les moins développés au monde (Burkina Faso et Niger). Les prêts seront octroyés aux filiales du Groupe Bank of Africa dans ces pays.

Financement d'investissements mis en oeuvre par des petites et moyennes entreprises ou des particuliers.

Environmental aspects
Procurement

Les intermédiaires financiers s'assureront que les bénéficiaires finaux respecteront, le cas échéant, les législations nationales et de l'UE en matière environnementale.

Les intermédiaires financiers s'assureront que les bénéficiaires finaux respecteront, le cas échéant, les législations nationales et de l'UE applicables.

Comments

Maximum EUR 3 millions pour BOA Burkina Faso
Maximum EUR 8 millions pour BOA Niger

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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Alternatively, the EIB can be contacted through its external offices.
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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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