Summary sheet
- Services - Financial and insurance activities
This operation supports the growth of companies in Africa with strong commercial links with Europe, operating in sectors aligned with the EU-Africa Global Gateway Investment Package and the EU priorities in the Southern Neighbourhood and Sub-Saharan Africa. As the EU Bank, the EIB will lead the Team Europe effort to catalyse both private and public sector investors with 80% of the total commitments to the new fund expected to come from EU investors.
The aim is to support the growth and institutionalisation of private companies in the Southern Neighbourhood and Sub-Saharan Africa, as well as enhance trade between the EU and small and medium-sized enterprises (SMEs) in the region.
The new fund will operate in line with the EIB's Environmental and Social standards.
The fund is expected to comply with EIB's procurement guidelines.
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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).
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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