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Summary sheet

Release date
18 December 2019
Status
Reference
Approved | 16/03/2020
20190670
Project name
Promoter - financial intermediary
ACP GLOBAL AUTHORISATION IX
PRIVATE ENTITY(IES),PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 300 million
Location
Sector(s)
Description
Objectives

The project regards a global authorisation to fund smaller scale operations either directly or indirectly through debt, guarantees, quasi-equity, equity participations or private equity funds. The project's financing comes from Investment Facility resources and the Bank's own resources under the Cotonou Infrastructure Package.

The project will be in accordance with the objectives set out for the Cotonou Agreement, to help reduce poverty in sub-Saharan Africa, the Caribbean and the Pacific (ACP), by contributing to sustained economic growth, with a particular focus on the private sector. The project will enable the Bank to support smaller ACP economies, that normally generate smaller financing opportunities, and to facilitate access to long-term financing across a wide range of sectors.

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

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).

Documents

Environmental and Social Data Sheet (ESDS) - ACP GLOBAL AUTHORISATION IX
Publication Date
20 Mar 2020
Document language
Main Topic
Lending
Document Number
125644055
Document Focus
Environmental Information
Project Number
20190670
Sector(s)
Publicly available
Download now

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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