Signature(s)
Summary sheet
Credit facility for South African financial intermediaries to finance small and medium-sized enterprises (SMEs) and Mid-Caps. The facility contributes to private sector development in the Republic of South Africa.
Financing of sub-projects carried out by small and medium-sized companies.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate. Potential environmental and social risks identified at appraisal will be mitigated by adapting the side-letter with allocation conditions pertinent for the promoters and region in line with requirements under relevant EU directives.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.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. However, the operation will be limited to private sector entities only. Consequently, there are no public-procurement-related concerns.
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
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).
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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