The Fund will finance primarily greenfield infrastructure projects in the energy and power, transportation, environmental infrastructure, social infrastructure and telecommunications sectors across Africa.
The fund will make investments predominantly in greenfield projects, but may also invest in selected secondary projects at the operational stage. The fund will generally seek to acquire significant minority or majority stakes of the junior/equity capital in each project with strong corporate governance rights to be able to monitor and manage project risks. The proposed transaction would be an incremental commitment for the EIB, in addition to the existing commitment of EUR 30 million.
The fund's operational guidelines will provide for environmental and social due diligence of all projects, according to guidelines acceptable to the EIB.
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with EIB's Guide to Procurement.
SECTION Q : HUMAN HEALTH AND SOCIAL WORK ACTIVITIES SECTION D : ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY SECTION E : WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES SECTION H : TRANSPORTATION AND STORAGE SECTION J : INFORMATION AND COMMUNICATION SECTION P : EDUCATION
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).
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.
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.