European Investment Bank (HQ)

Outrigger Impact Fund LCFP

Last update: Dec 6, 2024 Last update: Dec 6, 2024

Details

Location:Angola, Antigua and Barbuda, Bah ...
Angola, Antigua and Barbuda, Bahamas, Barbados, Belize, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Cook Islands, Cote d'Ivoire, Cuba, Dem. Rep. Congo, Djibouti, Dominica, Commonwealth of, Dominican Republic, Equatorial Guinea, Eritrea, Eswatini (Swaziland), Ethiopia, Fiji, Gabon, Gambia, Ghana, Grenada, Guinea, Guinea-Bissau, Guyana, Haiti, Jamaica, Kenya, Kiribati, Lesotho, Liberia, Madagascar, Malawi, Mali, Marshall Islands, Mauritania, Mauritius, Micronesia, Mozambique, Namibia, Nauru, Niger, Nigeria, Niue, Palau, Papua New Guinea, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Africa, Sudan, Suriname, Tanzania, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tuvalu, Uganda, Vanuatu, Zambia, Zimbabwe
Status:Formulation
Sectors:Environment & Climate, Pollution & Waste Management (incl. treatment), Fisheries & Aquaculture
Languages:English
Contracting authority: Oceanwide Limited
Contracting authority type:Consulting organization
Eligibility:Unknown
Budget: EUR 116,000,000
Date posted: Jun 25, 2024

Attachments 0

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

OUTRIGGER IMPACT FUND LCFP Reference: 20240355 Release date: 25 June 2024 Promoter – Financial IntermediaryOCEANWIDE LIMITED LocationACP States DescriptionOceanwide is a blue economy fund providing debt and equity to projects in Small Island Developing St
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By Locations
Funding agency:
EIB
Status:
formulation
Location:
Angola, Antigua and Barbuda, Bahamas, Barbados, Belize, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Cook Islands, Cote d'Ivoire, Cuba, Dem. Rep. Congo, Djibouti, Dominica, Commonwealth of, Dominican Republic, Equatorial Guinea, Eritrea, Eswatini (Swaziland), Ethiopia, Fiji, Gabon, Gambia, Ghana, Grenada, Guinea, Guinea-Bissau, Guyana, Haiti, Jamaica, Kenya, Kiribati, Lesotho, Liberia, Madagascar, Malawi, Mali, Marshall Islands, Mauritania, Mauritius, Micronesia, Mozambique, Namibia, Nauru, Niger, Nigeria, Niue, Palau, Papua New Guinea, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Africa, Sudan, Suriname, Tanzania, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tuvalu, Uganda, Vanuatu, Zambia, Zimbabwe
Funding agency:
EIB
Status:
formulation
Location:
Angola, Antigua and Barbuda, Bahamas, Barbados, Belize, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Cook Islands, Cote d'Ivoire, Cuba, Dem. Rep. Congo, Djibouti, Dominica, Commonwealth of, Dominican Republic, Equatorial Guinea, Eritrea, Eswatini (Swaziland), Ethiopia, Fiji, Gabon, Gambia, Ghana, Grenada, Guinea, Guinea-Bissau, Guyana, Haiti, Jamaica, Kenya, Kiribati, Lesotho, Liberia, Madagascar, Malawi, Mali, Marshall Islands, Mauritania, Mauritius, Micronesia, Mozambique, Namibia, Nauru, Niger, Nigeria, Niue, Palau, Papua New Guinea, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Africa, Sudan, Suriname, Tanzania, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tuvalu, Uganda, Vanuatu, Zambia, Zimbabwe
tender Background

About the Funding Agency

The European Investment Bank (EIB) is the lending arm of the European Union. The EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance.

The EIB works closely with other EU institutions to foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world.

Through EIB Global, set up in 2022 to increase the impact of our development finance, the EIB helps address global challenges and creates growth and opportunity on all continents.

About the Sectors

Environment & Climate

Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.


Key areas:
  • Environmental protection and conservation
  • Natural resource and ecosystem management
  • Climate change and environmental resilience

Pollution & Waste Management (incl. treatment)

Includes initiatives aimed at reducing environmental pollution and improving the collection, treatment, and disposal of waste.


Key areas:
  • Pollution prevention and environmental protection
  • Solid and liquid waste management
  • Recycling and waste treatment solutions
  • Environmental clean-up and remediation projects

Locations

Angola

In recent years, Angola has stepped up investment in repairing, expanding and modernising its infrastructure as a core pillar of post‑civil war reconstruction and economic development. While high levels of public investment have helped restore key transport, energy and water assets, improving the efficiency and quality of this investment will require strengthening financial markets, regulatory frameworks and infrastructure governance. According to InfraCompass 2020, Angola scores relatively low on these institutional drivers compared with many other countries, underscoring the importance of reforms to translate funding into sustainable economic outcomes.

Nr. of tenders: 9367
Nr. of grants: 2992
Nr. of donors: 593
Nr. of jobs: 27

Antigua and Barbuda

Antigua and Barbuda invest in airport expansion, port modernization, road networks, and renewable energy to strengthen tourism and regional connectivity. Infrastructure projects are financed through public budgets, international development partners, and private investment. Climate resilience and disaster risk reduction are major considerations due to hurricane exposure. Energy diversification and sustainable tourism infrastructure guide long-term development strategies.

Nr. of tenders: 5136
Nr. of grants: 1460
Nr. of donors: 393
Nr. of jobs: 16
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