Release date: 25 September 2025
Promoter – Financial Intermediary
DASHEN BANK SCLocation
Description
Intermediated loan to Dashen Bank to on-lend to exporting small and medium-sized enterprises (SMEs), and to a lesser extent mid-caps, mostly operating in the agriculture sector in Ethiopia with complementary targets on climate action and environmental sustainability and gender.
Objectives
The aim is to enhance access to finance for the target beneficiaries, with a particular focus on agriculture, climate action and environmental sustainability as well as projects promoting gender equality and women's economic empowerment, in line with the 2X Challenge Criteria.
Sector(s)
- Credit lines - Credit lines
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 20 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
Under appraisal