European Investment Bank (HQ)

TDB SMEs and Climate Action Loan

Last update: Dec 23, 2019 Last update: Dec 23, 2019

Details

Location:Burundi, Comoros, Dem. Rep. Cong ...
Burundi, Comoros, Dem. Rep. Congo, Djibouti, Egypt, Eritrea, Eswatini (Swaziland), Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Mozambique, Rwanda, Seychelles, Somalia, South Sudan, Sudan, Tanzania, Uganda, Zambia, Zimbabwe
Category:Consulting services, Non-consulting services
Status:Approval
Sectors:Private Sector & Trade, Financial Services & Audit
Contracting authority type:Development Institution
Eligibility:Unknown
Budget: EUR 109,000,000
Date posted: Dec 23, 2019

Attachments 0

Associated Awards

Project cycle timeline

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

Description

Reference: 20190279 Release date: 23 December 2019 Promoter – Financial Intermediary ACCEPTABLE BANK(S),EASTERN AND SOUTHERN AFRICAN TRADE AND DEVELOPMENT BANK Location ACP States Description The project concerns a loan up to USD 120m for part-fin
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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

Burundi

Burundi faces significant infrastructure deficits, particularly in energy, water and utility services, which constrain private sector growth and broader development. Recent investments co‑financed by the World Bank, African Development Bank, European Investment Bank and the European Union have expanded electricity generation through new hydroelectric plants and are improving access to clean water and sanitation services for hundreds of thousands of people. Ongoing sector reforms aim to strengthen institutional performance and attract private participation in service delivery. Despite these gains, national electrification rates and infrastructure coverage remain low, highlighting the need for sustained investment, improved governance and expanded connectivity to support inclusive economic growth.

Nr. of tenders: 12474
Nr. of grants: 3116
Nr. of donors: 635
Nr. of jobs: 36

Comoros

Comoros - a small island state with constrained resources and vulnerability to climate risks - continues to invest in basic infrastructure to support economic resilience, including improvements in transportation, energy and water services. Development partners and international finance institutions have been involved in projects to enhance connectivity and service delivery, but limited domestic fiscal capacity and high costs present ongoing challenges. Strengthening institutional frameworks and expanding private sector engagement are key to enhancing infrastructure’s development impact.

Nr. of tenders: 8159
Nr. of grants: 2860
Nr. of donors: 579
Nr. of jobs: 22
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