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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Benin : € 30,000,000
    Health : € 30,000,000
    Signature date(s)
    27/11/2020 : € 30,000,000
    Link to source

    Summary sheet

    Release date
    16 September 2020
    Status
    Reference
    Signed | 27/11/2020
    20200624
    Project name
    Promoter - financial intermediary
    RIPOSTE SANITAIRE COVID-19 BENIN
    REPUBLIQUE DU BENIN
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 33 million
    Location
    Sector(s)
    • Health - Human health and social work activities
    Description
    Objectives

    The project aims to mitigate the impacts of the COVID-19 pandemic by providing finance to the Republic of Benin for a range of eligible measures to support the health emergency response and pandemic preparedness interventions under the country's COVID-19 health response plan.

    The objective of the operation is to help the Government of Benin to meet emergency needs in the health sector directly related to the COVID-19 pandemic in line with the Government's "Preparedness and response plan to COVID-19 in Benin (March-August 2020)." The project is key, first, to save human lives and second, to respond to the emergency and prepare the system for a likely possible further escalation and spread of the COVID-19 pandemic in Benin.

    Environmental aspects
    Procurement

    The Bank will require that the Promoter ensure that the implementation of the project will be done in accordance with the Bank's Environmental and Social Principles and Standards.

    The Bank will require that the Promoter ensure that the implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Comments

    The project will contribute to the achievement of Sustainable Development Goal (SDG) 3 (Good Health and Well-Being), to which both the EU and the EIB are fully committed.

    Related projects
    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).

    News & Stories

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    Alternatively, the EIB can be contacted through its external offices.
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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 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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