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African Rivers Fund III
Details
Location:Angola, Congo, Dem. Rep. Congo, Uganda
Category:Consulting services
Status:Approval
Sectors:Private Sector & Trade, Financial Services & Audit
Description
Reference: 20190254
Release date: 11 October 2019
Promoter – Financial Intermediary SPECIAL PURPOSE ENTITY(IES)/FUND
Location Angola, Congo (Democratic Republic), Uganda
Description The proposed operation consists of an equity participation in a g
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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
Private Sector & Trade
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Key areas:
- Private sector development and SME/MSME support
- Entrepreneurship, start-ups, and business growth initiatives
- Trade facilitation, import/export, and market access
- Commerce, retail/wholesale, and free trade mechanisms
Financial Services & Audit
Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.
Key areas:
- Financial services, banking, and insurance
- Accounting, auditing, and financial reporting
- Investment, capital markets, and financial inclusion
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: 9459
Nr. of grants: 3051
Nr. of donors: 607
Nr. of jobs: 32
Nr. of tenders: 9459
Nr. of grants: 3051
Nr. of donors: 607
Nr. of jobs: 32
Congo
The Republic of the Congo is pursuing reforms and investment to animate its energy sector and broader infrastructure landscape, including the introduction of a new gas code to attract investment into gas exploration and development. While the hydrocarbon sector remains central, government strategy is increasingly focused on diversifying energy infrastructure to support domestic needs and industrial applications. Enhancing legal frameworks, expanding infrastructure financing and improving governance are critical to unlocking sustained private capital and translating resource-sector growth into broader economic development.
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Nr. of grants: 2858
Nr. of donors: 602
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Nr. of tenders: 9458
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