Private Enterprise Finance Facility

Promoteur – Intermédiaire Financier

Allied Bank International (ABI), Barclays Bank of Uganda (BBU), Crane Bank, Diamond Trust Bank Uganda (DTBU), East African Development Bank (EADB), DFCU Ltd., Nile Bank

Lieu

• Ouganda

Description

Credit line providing long-term funds in Shillings and foreign currencies to selected intermediary banks to finance small and medium sized private investment projects; guarantee window for credit risk sharing on selected sub-borrowers.

Objectifs

The purpose is to support investment projects for the expansion, diversification, modernisation or start-up of enterprises, through financing loans and leasing transactions with a maturity matching the economic lifetime of assets. The credit line addresses the lack of long-term resources in the Ugandan financial markets.

Commentaires

Agro-industry, fishing, mining and quarrying, construction, food processing, manufacturing, tourism (or services related to these sectors), healthcare and education.

Secteur(s)

• Lignes de crédit

Montant BEI envisagé (montant approximatif)

Up to EUR 30 million.

Coût total (montant approximatif)

Not applicable.

Aspects environnementaux

The intermediaries will assess environmental risks and mitigating measures as part of their regular project appraisal and will ensure compliance of projects to be financed with Ugandan environmental standards controlled by the competent authority (NEMA).

Passation des marchés

Assets to be financed will be procured on a competitive basis taking into account relevant market practice as well as the nature and size of the goods considered.

Statut

Signé - 31/08/2007