EC plans new €1.5bn guarantee facility


Issue 345 - 05 May 2017
The European Commission (EC) is to add to its policy of promoting financial instruments that support private sector infrastructure financing with the European Fund for Sustainable Development (EFSD), a new, estimated €1.5bn ($1.64bn) guarantee facility expected to be launched this year. Officials calculate the facility could be used in parallel with loans from the African Development Bank and other financial institutions, encouraging partners to take on more risk by providing a ‘liquidity cushion’ with significant multiplication effects.

Want to read more?

Medium article

£9

(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register