A line of credit providing long-term funds in KES, EUR and USD to selected intermediary banks in Kenya for the financing of investment projects aimed at private sector enterprises.
Objectives
Improve access and terms of financing to facilitate private sector investment in projects that stimulate economic growth.
Financial intermediaries will ensure that environmental impacts of projects to be financed by PEFF III Kenya will be identified and mitigated by the promoters in accordance with international and/or local standards, as applicable.
Procurement
Intermediaries will ensure goods and works financed will be procured on a competitive basis, taking into account the nature and size of projects concerned.
Status
Signed
-
11/04/2012.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. 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.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
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.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how the EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.
