Release date: 15 September 2022
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
This facility aims to provide financing to a number of financial institutions in Tanzania, for onward lending to private sector entities, mostly small and medium-sized enterprises (SMEs), with a particular focus on women owned or managed businesses and enterprises operating in the blue economy sectors.
Objectives
Financing of small/medium projects carried out by SMEs, mid-caps and co-operatives.
Sector(s)
- Credit lines - Credit lines
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 350 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 - 20/10/2022
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).