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BOP BOA Group

Sector: Water Supply and Storage • Location: Africa Region

Source: International Finance Corporation (IFC)

Project
Active

  The proposed project is a multi-currency facility in the aggregate amount of up to US$171.2 million to nine Bank of Africa (“BOA”) affiliates in IDA and FCS countries – namely Bank of Africa Benin, Bank of Africa Burkina Faso, Bank of Africa Cote d’Ivoire, Bank of Africa Kenya, Bank of Africa Mali, Bank of Africa Niger, Bank of Africa Senegal, Bank of Africa Togo, and Bank of Africa Uganda. The

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The project “BOP BOA Group” is an infrastructure initiative in the Water Supply and Storage sector, located in Africa Region. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

active

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Description

Description

  The proposed project is a multi-currency facility in the aggregate amount of up to US$171.2 million to nine Bank of Africa (“BOA”) affiliates in IDA and FCS countries – namely Bank of Africa Benin, Bank of Africa Burkina Faso, Bank of Africa Cote d’Ivoire, Bank of Africa Kenya, Bank of Africa Mali, Bank of Africa Niger, Bank of Africa Senegal, Bank of Africa Togo, and Bank of Africa Uganda. The facility will support the Group in scaling up its lending to micro, small, and medium enterprises (“MSMEs”) in the context of high interest rates which led to tightening liquidity in the region. For all entities except for BOA Uganda, the Project will be processed under the Base of the Pyramid (“BOP”) program (see the Blended Finance section for more details).                                         

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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