Release date: 11 May 2022
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
This facility aims to provide financing to a number of financial institutions across Africa, Caribbean and Pacific (ACP) countries for onward lending to a number of private sector entities, mostly small and medium-sized enterprises (SMEs), and with a particular focus on eligible businesses run by and/or managed by women. It will finance enterprises with a positive impact on gender equality and women's economic empowerment, in line with the 2X Challenge Criteria.
Objectives
Financing of private sector projects, particularly female-owned/led/run businesses.
Sector(s)
- Credit lines - Credit lines
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 200 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
Approved - 20/07/2022
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).