Banco Société Générale Moçambique

Une Garantie Euriz À Société Générale Moçambique pour Soutenir Les Pme Locales

Last update: Aug 23, 2021 Last update: Aug 23, 2021

Details

Location:Mozambique
Mozambique
Category:Unspecified/other
Status:Approval
Sectors:Private Sector & Trade, Financial Services & Audit, Agriculture & Rural Development
Contracting authority type:Private Sector
Eligibility:Unknown
Budget: EUR 3,000,000
Date posted: Aug 23, 2021

Attachments 1

Associated Awards

Project cycle timeline

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

Description

EURIZ Guarantee to Société Générale Moçambique to Support Local SMEs Proparco has allocated a EURIZ portfolio guarantee to Société Générale Moçambique to allow the bank to continue to support the private sector, especially women entrepreneurs and the agri
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By Locations
Funding agency:
AfDB
Status:
approval
Location:
Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, Cote d'Ivoire, Dem. Rep. Congo, Equatorial Guinea, Eritrea, Eswatini (Swaziland), Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe
tender Background

About the Funding Agency

PROPARCO

 Proparco– a subsidiary of the Agence Française de Développement (AFD) devoted to private sector funding – has been supporting sustainable development for almost 40 years. It operates in 80 countries in Africa, Asia, Latin America and the Middle East and helps finance and support financial institutions and corporate private-sector projects. Proparco focuses on the key development areas, such as renewable energy-based infrastructure, agribusiness, financial sector, health and education. 

Proparco is today one of the leading European Development Finance Institutions, which are members of the EDFI association. It has close partnership relations with them and conducts a number of cofinanced operations.

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

Mozambique

Mozambique’s infrastructure strategy is closely linked to its natural gas potential and regional trade ambitions. Major LNG projects and port expansions are expected to generate fiscal revenues and catalyse associated infrastructure development. However, climate vulnerability, debt pressures and security challenges in northern regions complicate implementation. Strengthening governance, improving project management and ensuring inclusive development around extractive investments are critical to translating large-scale infrastructure financing into broad-based economic growth.
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