RST ECOBANK GROUP SENIOR GUARANTEE

The project consists of a risk-sharing transaction (RST) with the Ecobank Group covering a number of its subsidiaries in Africa and a total portfolio of short and medium-term loans to small and medium-sized enterprises (SMEs) of up to USD 110m. The operation will be implemented under the SME Guarantee Facility (Regional ACP) with the EIB and IFC as co-guarantors.