Release date: 30 July 2004
Promoter – Financial Intermediary
African Lion II
Mr. Mike Brook
Tel: +61 3 9614 3980
Fax: +61 3 9614 8009
Location
Description
Fund for equity investment in early-stage exploration and development projects in the mining sector in Africa.
Objectives
Development of the small-medium scale mining sector in Africa.
Comments
Mining sector.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to USD 8 million.
Total cost (Approximate amount)
Up to USD 32 million.
Environmental aspects
Sub-projects to comply with respective national legislation and best international practice. African Lion to ensure environmental analysis according to World Bank guidelines.
Procurement
Not applicable (equity investment in small companies).
Status
Signed - 12/10/2004
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).