Signature(s)
Amount
€ 121,000,000
Countries
Sector(s)
Cameroon
: € 27,000,000
Credit lines
: € 121,000,000
Signature date(s)
24/11/2021 : € 1,250,000
24/11/2021 : € 3,750,000
15/12/2021 : € 5,000,000
3/12/2021 : € 12,000,000
4/05/2022 : € 15,000,000
18/12/2020 : € 20,000,000
23/11/2021 : € 64,000,000
Link to source
Other links
Summary sheet
Release date
17 April 2020
Status
Reference
Signed | 18/12/2020
20190614
Project name
Promoter - financial intermediary
W AND C AFRICA COVID19 RAPID RESPONSE FACILITY
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists in a credit facility addressing the adverse consequences of the COVID-19 pandemic on the private sector, in particular on small and medium sized enterprises (SMEs).
The main objective is to support on-lending by financial intermediaries to private sector projects in the West and Central Africa region (excluding Nigeria) carried out by private sector companies, in particular SMEs.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
News & Stories
Link to source
Other links