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    Reference: 20170296
    Release date: 17 May 2017

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S)

    Location

    Description

    Financing facility for eligible private sector entities or commercially operated public sector entities undertaking eligible investments in Sub-Saharan Africa. These eligible investments would be directly financed by Afreximbank or through commercial banks with which the EIB does not maintain a relationship.

    Objectives

    Financing of small and medium-sized investment projects in support of intra and extra African trade. This operation contributes to international and regional integration by supporting entrepreneurs and job creation.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    Not applicable.

    Environmental aspects

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Signed - 27/10/2017

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Regional - Africa Credit lines