Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20200519
    Release date: 11 June 2020

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S)

    Location

    Description

    The East Africa COVID-19 Rapid Response Facility (RRF) is a credit facility dedicated to address the adverse consequences of the COVID-19 pandemic on the private sector, in particular SMEs. The main objective is to support on-lending by financial intermediaries to private sector projects in the East Africa region.

    Objectives

    Financing projects carried out by private sector companies, in particular SMEs.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 175 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 - 22/10/2021

    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