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RSF SGCI

Sector: Waste Processing and Treatment • Location: Cote D'Ivoire

Source: International Finance Corporation (IFC)

Project
Pending

IFC’s proposed investment in Société Générale Côte d’Ivoire (“SGCI”, or the “Bank”) consists of an unfunded Risk Sharing Facility (“RSF”) of up to XOF20 billion (approximately US$33.6 million or EUR29.5 million equivalent) covering 50% of the Bank’s risk on an aggregate Small and Medium Enterprise (“SME”) loan portfolio of up to XOF40 billion (approximately US$67.2 million or EUR58.9 million equiv

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The project “RSF SGCI” is an infrastructure initiative in the Waste Processing and Treatment sector, located in Cote D'Ivoire. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

pending

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Email

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Description

Description

IFC’s proposed investment in Société Générale Côte d’Ivoire (“SGCI”, or the “Bank”) consists of an unfunded Risk Sharing Facility (“RSF”) of up to XOF20 billion (approximately US$33.6 million or EUR29.5 million equivalent) covering 50% of the Bank’s risk on an aggregate Small and Medium Enterprise (“SME”) loan portfolio of up to XOF40 billion (approximately US$67.2 million or EUR58.9 million equivalent). The purpose of the proposed RSF is to support SGCI in expanding its SME-lending operations, enhancing access to finance for SMEs in Côte d’Ivoire. The facility is proposed to be processed under the European Commission (EC)-only sub-portfolio of the Small Loan Guarantee Program, European Commission/Private Sector Window (“SLGP EC/PSW”) which is supported by the European Union, represented by the EC via the European Fund for Sustainable Development (EFSD) for EC-Only Countries, including Côte d’Ivoire.

Original sub-sector

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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