KULIMA - RISK SHARING FACILITY ECOBANK

Promoter – Financial Intermediary

ECOBANK MALAWI LTD

Location

• Malawi

Description

Risk-sharing facility supported by a grant from the European Commission to provide guarantees to Ecobank Malawi Ltd financing agri-food projects that engage smallholder producers in Malawi.

Objectives

This project will increase financing of agriculture value chain projects carried out by private sector enterprises through providing a risk-sharing facility to Ecobank Malawi Limited.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 5 million

Total cost (Approximate amount)

EUR 20 million

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 - 22/12/2020