Summary sheet
- Credit lines - Credit lines
The project will contribute to the financing facility (mécanisme de financement) put in place by the Senegalese government in the context of its economic and social resilience response to the pandemic.
The aim is to mobilise funding sources to SMEs and midcaps in Senegal to mitigate the financial and economic impact of the pandemic. It is a sub-operation under the Africa, Caribbean and Pacific (ACP) Covid-19 Health and Economic Resilience programme loan, as well as part of the EIB's contribution to tackle the impact of Covid-19 outside the EU, in line with the "Team Europe" approach.
Final beneficiaries will be requested to comply with applicable national legislation.
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.