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Summary sheet

Release date
14 July 2023
Status
Reference
Approved | 17/01/2024
20220799
Project name
Promoter - financial intermediary
GREEN AFRICAN AGRI VALUE CHAIN - ZICB ZAMBIA
ZAMBIA INDUSTRIAL COMMERCIAL BANK LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 15 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists in a credit line with Zambia Industrial Commercial Bank (ZICB) to provide loans for eligible small and medium-sized enterprises (SMEs) and mid-caps active in the agriculture value chains.

The aim is to enhance access to finance for the eligible target beneficiaries.

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.

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Milestone
Approved
17 January 2024
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).

Documents

Environmental and Social Data Sheet (ESDS) - GREEN AFRICAN AGRI VALUE CHAIN - ZICB ZAMBIA
Publication Date
24 Jan 2024
Document language
Main Topic
Lending
Document Number
184853955
Document Focus
Environmental Information
Project Number
20220799
Sector(s)
Countries
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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