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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Zambia : € 20,000,000
    Credit lines : € 20,000,000
    Signature date(s)
    26/11/2008 : € 20,000,000
    Link to source

    Summary sheet

    Release date
    15 May 2007
    Status
    Reference
    Signed | 26/11/2008
    20040460
    Project name
    Promoter - financial intermediary
    Capital Investment Line III
    African Banking Corporation Zambia Limited
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    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.

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

    Environmental aspects
    Procurement

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

    Standard EIB procurement procedures for credit lines will be applied.

    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.

    Link to source

    Disclaimer

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

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