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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 124 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.

    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

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    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.
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    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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