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The proposed investment consists of up to US$30 million unfunded risk sharing facilities with two participating financial institutions (FIs), Société Ivoirienne de Banque S.A. (“SIB”) and Baobab Côte d'Ivoire S.A. (“BBCI”), on a portfolio of up to US$60 million. The project will help the participating FIs to finance the purchase of approximately 300 heavy cargo trucks by eligible transporters that renew their fleets of 20-year-old vehicles.
Status
Active
Start Date
2019
Donor
Funding Instrument
Country
Region
Thematic
Unique ID
=A195+1
Amount in USD (in million)
30.00