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    Reference: 20170578
    Release date: 2 November 2017

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S)

    Location

    Description

    The East Africa SME-focused Regional Facility project consists of a regional facility for financial intermediaries to on-lend primarily to small and medium-sized enterprises (SMEs) in East Africa, with the aim of contributing to the development of the private sector in that region.

    Objectives

    The project will help the financing of projects mainly carried out by small and medium-sized enterprises.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 150 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 - 31/12/2018

    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 - East Africa Credit lines