Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
South Africa
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
12/12/2017 : € 50,000,000
Link to source
Other links
Summary sheet
Release date
21 June 2017
Status
Reference
Signed | 12/12/2017
20170419
Project name
Promoter - financial intermediary
LAND BANK AGRICULTURE CLIMATE ACTION FACILITY
THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
Not applicable.
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
EIB facility to Land Bank for on-lending to agriculture projects in South Africa
Financing of projects carried out by small and medium-sized enterprises and other final beneficiaries. Some of the projects will contribute to Climate Action objectives.
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.
Under ELM Guarantee
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Link to source
Summary sheet
Other links