Signature(s)
Amount
€ 40,000,000
Countries
Sector(s)
Credit lines
: € 40,000,000
Signature date(s)
31/08/2020 : € 10,000,000
31/08/2020 : € 15,000,000
7/09/2020 : € 15,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
17 December 2018
Status
Reference
Signed | 31/08/2020
20170975
Project name
Promoter - financial intermediary
SG AFRIQUE CENTRALE FACILITE DE FINANCEMENT
SOCIETE GENERALE CAMEROUN,SOCIETE GENERALE CONGO,SOCIETE GENERALE TCHAD SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a regional credit facility with three Central African subsidiaries of Group Société Générale dedicated to the financing of private enterprises in the region with the objective to develop the local private sector.
The project will help the financing of small and medium projects carried out by private enterprises (mostly small and medium sized enterprises).
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
Summary sheet
Other links
Data sheet
Related press
News & Stories
Link to source
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Photogallery
©EIB