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    Reference: 20170975
    Release date: 17 December 2018

    Promoter – Financial Intermediary

    SOCIETE GENERALE CAMEROUN,SOCIETE GENERALE CONGO,SOCIETE GENERALE TCHAD SA

    Location

    Description

    The project consists of a regional credit facility with three Central African subsidiaries of Group Société Générale dedicated to the financing of private enterprises in the region with the objective to develop the local private sector.

    Objectives

    The project will help the financing of small and medium projects carried out by private enterprises (mostly small and medium sized enterprises).

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 63 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 - 31/08/2020

    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

    Cameroon Chad Congo Credit lines