Date de publication: 10 octobre 2024
Promoteur – Intermédiaire Financier
AFRICAN TRADE INSURANCE AGENCYLieu
Description
The project will finance the country's membership capital increase in the African Trade and Investment Development Insurance (ATIDI)'s equity. Through this operation, Cote d'Ivoire will get additional access to ATIDI's guarantee and trade insurance products for private and public sector investments in the country.
Objectifs
The operation will benefit : i) local private sector actors, including micro, small and medium-sized enterprises (MSMEs), by providing an extensive set of financing tools for investment and trade; ii) foreign investors, by enhancing access to foreign direct investment (FDI) for the country's economy. In addition, ATIDI can support Public-Private Partnerships (PPPs) projects complementing funding from development finance institutions (DFIs) and commercial banks, for example in the energy sector. With a focus on its low carbon transition initiative (up to 75%), the operation is in line with the country's Environmental, social, and governance (ESG) strategy and the EU policy for Côte d'Ivoire. The operation also aim at supporting on a best effort basis the sustainable cocoa sector. Hence, the project contributes to several Sustainable Development Goals (SDGs), such as inclusive economic growth (SDG 8), poverty reduction (SDG 1) and climate action (SDG 13).
Secteur(s)
- Services - Activités financières et d'assurance
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Montant BEI envisagé (montant approximatif)
EUR 50 million
Coût total (montant approximatif)
EUR 105 million
Aspects environnementaux
By bringing a positive impact on climate and environment, the project contributes to climate action and environmental sustainability objectives, in particular to climate mitigation, climate adaptation, renewable energy, pollution prevention and control programmes.
Passation des marchés
The promoter will have to ensure that implementation of the project will be done in accordance with EIB's Guide to Procurement.
Statut
Signé - 27/12/2024
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).