Date de publication: 28 juillet 2004
Promoteur – Intermédiaire Financier
West African Development Bank (BOAD).Lieu
Description
- Global loan to finance projects promoted by enterprises in the private and commercial public sectors in WAEMU member countries.
- Guarantee facility in the form of i) a partial guarantee for BOAD loans to enterprises and ii) a partial counter-guarantee for BOAD guarantees on an enterprise's bond issues or similar securities.
- Participation in BOAD's capital increase drawing on Investment Facility resources: from 0.3% to 0.6% of capital.
Objectifs
To underpin and develop West African Development Bank (BOAD) operations in support of the private sector, promote a wider gamut of financial instruments and bolster the regional capital market.
Commentaires
Industrial, agribusiness, mining, tourism and service sectors.
Secteur(s)
Montant BEI envisagé (montant approximatif)
Indicative amounts: EUR 25 million for the Global Loan from EIB own resources; EUR 25 million for the Guarantee Facility made available under the Investment Facility; EUR 4.6 million for the participation in the capital increase (IF).
Coût total (montant approximatif)
The EIB loan will cover a maximum of 50% of the total cost of each project financed.
Aspects environnementaux
The policy and procedures manual for environmental management, recently adopted by BOAD's Board of Directors, is satisfactory.
Passation des marchés
The Bank's procurement rules for global loans will apply.
Statut
Signé - 10/12/2004