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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

    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).

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    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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