GREEN AFRICAN AGRI VALUE CHAIN - ZICB ZAMBIA

Promoter – Financial Intermediary

ZAMBIA INDUSTRIAL COMMERCIAL BANK LTD

Location

• Zambia

Description

The project consists in a credit line with Zambia Industrial Commercial Bank (ZICB) to provide loans for eligible small and medium-sized enterprises (SMEs) and mid-caps active in the agriculture value chains.

Objectives

The aim is to enhance access to finance for the eligible target beneficiaries.

Sector(s)

• Credit lines - Credit lines

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Proposed EIB finance (Approximate amount)

EUR 15 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 - 17/01/2024