| Project Detail |
The envelope aims to provide financing to a still-to-be-defined number of financial institutions across countries in Africa, Caribbean and Pacific (ACP) regions, for the implementation of their IT developments. It will finance IT related projects which could notably include the Research, Development and Innovation and implementation of IT systems in the field of mobile services, digitalisation, process optimisation, business model evolution, regulatory requirements and cyber-security protection. Objectives To support the digitalisation financial intermediaries in ACP countries, mostly in in Sub-Saharan Africa. Sector(s) Credit lines - Credit lines Under Global Europe NDICI guarantee The proposed operation is expected be covered by the comprehensive guarantee granted to the EIB under the Dedicated Investment Proposed EIB finance (Approximate amount) EUR 100 million Total cost (Approximate amount) EUR 200 million |
