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    Reference: 20220209
    Release date: 24 May 2022

    Promoter – Financial Intermediary

    ACCEPTABLE CORPORATE(S)

    Location

    Description

    The envelope aims at accelerating the deployment of digital infrastructure and solutions in sub-Saharan Africa. The envelope aims at financing operators of telecom infrastructure and service companies offering digital solutions.

    Objectives

    Accelerating the deployment of digital infrastructure and solutions in sub-Saharan Africa.

    Comments

    n/a

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    EUR 200 million

    Environmental aspects

    If it were located within the EU, the underlining projects would not require a mandatory environmental impact assessment (EIA), as it does not fall under Annex I or II of the EIA Directive 2014/52/EU amending the Directive 2011/92/EU. Full environmental and social details will be assessed during appraisal of the underlining projects, with particular focus on infrastructure, which are the projects that will require relevant construction work, and environmental and social studies may be required by the Bank.

    Procurement

    The Bank will require the Promoters of the underlining projects to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Status

    Approved - 26/10/2022

    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).

    Related tags

    Africa, Caribbean and Pacific Services Telecom