Signature(s)
Amount
€ 175,000,000
Sector(s)
Credit lines
: € 175,000,000
Signature date(s)
23/11/2021 : € 15,000,000
22/10/2021 : € 15,000,000
17/11/2021 : € 15,000,000
24/11/2021 : € 40,000,000
22/10/2021 : € 40,000,000
17/11/2021 : € 50,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
11 June 2020
Status
Reference
Signed | 22/10/2021
20200519
Project name
Promoter - financial intermediary
EAST AFRICA COVID-19 RAPID RESPONSE FACILITY
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 175 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The East Africa COVID-19 Rapid Response Facility (RRF) is a credit facility dedicated to address the adverse consequences of the COVID-19 pandemic on the private sector, in particular SMEs. The main objective is to support on-lending by financial intermediaries to private sector projects in the East Africa region.
Financing projects 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
Other links
Data sheet
Related press
Related press
News & Stories
Link to source
Other links