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)
- Credit lines - Credit lines
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 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).