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    Signature(s)

    Amount
    € 108,166,576.52
    Countries
    Sector(s)
    ACP States : € 108,166,576.52
    Energy : € 27,041,644.12
    Credit lines : € 81,124,932.4
    Signature date(s)
    6/12/2019 : € 27,041,644.12
    6/12/2019 : € 81,124,932.4
    Link to source

    Summary sheet

    Release date
    23 December 2019
    Status
    Reference
    Signed | 06/12/2019
    20190279
    Project name
    Promoter - financial intermediary
    TDB SMES AND CLIMATE ACTION LOAN
    ACCEPTABLE BANK(S),EASTERN AND SOUTHERN AFRICAN TRADE AND DEVELOPMENT BANK
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 120 million (EUR 109 million)
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project concerns a loan up to USD 120m for part-financing eligible projects, including at least 25% climate action projects. Projects need to be undertaken by private sector entities or commercially run public enterprises across the Member States of the African Trade and Development Bank (TDB), a regional African Development Finance Institution. These eligible investments would be financed directly by TDB or, in the case of loans to small small and medium-sized enterprises (SMEs), through financial institutions with which the EIB does not maintain a relationships.

    The project will help the financing of projects mainly carried out by SMEs, as well as renewable energy and energy efficiency projects. This operation contributes to climate action and economic growth and development by supporting entrepreneurs and job creation.

    Environmental aspects
    Procurement

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

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

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - TDB SMES AND CLIMATE ACTION LOAN
    Publication Date
    5 Feb 2020
    Document language
    Main Topic
    Lending
    Document Number
    95458307
    Document Focus
    Environmental Information
    Project Number
    20190279
    Sector(s)
    Countries
    Publicly available
    Download now

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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