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    Référence: 20170469
    Date de publication: 28 juin 2018

    Promoteur – Intermédiaire Financier

    DEVELOPMENT BANK OF ETHIOPIA

    Lieu

    Description

    The project consists of a senior loan to the Federal Republic of Ethiopia, acting through the Ministry of Finance and Economic Cooperation, to be on-lent to female entrepreneurs via Micro Finance Institutions (MFIs). This operation co-finances the second phase of the World Bank's Women Entrepreneurship Development Project (WEDP), implemented by the Development Bank of Ethiopia (DBE). The DBE will act as an apex entity to select and fund MFIs.

    Objectifs

    This project will develop women-run small and medium enterprises with potential to grow and generate employment. This is achieved by tailoring financial instruments to the needs of the participants, ensuring availability of finance, and developing entrepreneurial and technical skills.

    Commentaires

    The operation consists of a co-investment in the Ethiopia WEDP. Started in 2012, the WEDP was designed and funded by the World Bank through a USD 50m International Development Association (IDA) concessional loan extended to the Government of Ethiopia. The operation will co-finance the phase 2 of the project alongside contributions from the Italian Ministry of Foreign Affairs and International Cooperation and the Japan International Cooperation Agency (JICA).

    Secteur(s)

    Montant BEI envisagé (montant approximatif)

    EUR 30 million

    Coût total (montant approximatif)

    Not applicable.

    Aspects environnementaux

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Passation des marchés

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Statut

    Signé - 19/11/2018

    Clause de non-responsabilité

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Mots-clés correspondants

    Ethiopie Lignes de crédit