Release date: 31 May 2021
Promoter – Financial Intermediary
OESTERREICHISCHE ENTWICKLUNGSBANK AGLocation
Description
Line of credit to Oesterreichische Entwicklungsbank AG (OeEB), the Austrian development finance institution, for on-lending to private sector entities in the sub-Saharan Africa region.
Objectives
Financing of private sector projects carried out primarily by small and medium-sized enterprises (SMEs).
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 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 - 20/05/2021
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).