Capital Investment Line III

Promoter – Financial Intermediary

African Banking Corporation Zambia Limited

Location

• Zambia

Description

A credit line to selected commercial banks and leasing companies for medium-term on-lending / leasing to a wide range of small and medium sized enterprises in Zambia.

Objectives

To promote the private sector in all sectors eligible under the Cotonou Agreement.

Comments

The private sector, in particular industry; agro-industry; commercial agriculture, tourism, mining, energy, water and sewerage, transport and telecommunications, services linked to these sectors.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 40 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

All beneficiaries to satisfy EIB environmental requirements. Environmental summary fiches to be supplied for all allocations.

Procurement

Standard EIB procurement procedures for credit lines will be applied.

Status

Signed - 26/11/2008