Release date: 20 July 2001
Promoter – Financial Intermediary
Proparco (Société de promotion et de participation pour la coopération économique - Agence Française de Développement Group)Location
Description
The CAGF will be devoted to equity and quasi-equity financing of private companies or companies currently being privatised, first and foremost in the six countries making up the Economic and Monetary Community of Central Africa (CEMAC) - Cameroon, Congo, Gabon, Equatorial Guinea, Central African Republic and Chad
Objectives
The CAGF will be a promotional tool for the private sector throughout the region. It will also help to mobilise local savings. Lastly, it should help boost regional and national stock markets
Comments
Financial sector
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 8 million
Total cost (Approximate amount)
EUR 30 million (size of the Fund)
Environmental aspects
Inapplicable
Procurement
Inapplicable
Status
Signed - 24/01/2003
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).