PROJECT

Projects

Summary of Investment Information

Project Number

36760

Company Name

CAISSE REGIONALE DE REFINANCEMENT HYPOTHECAIRE DE L’UEMOA

Date SPI Disclosed

Jul 21, 2015

Country

Western Africa Region

Region

Africa

Projected Board Date

Sep 18, 2015

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Feb 26, 2017

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Dec 22, 2015
Signed : Dec 29, 2016
Invested : Jan 3, 2017

Sector

Secondary Mortgage Institutions

Additional Project Attributes

Blended Finance

Project Description

The proposed project with CRRH-UEMOA (“CRRH”) consists of an equity investment of up to US$2 million, a Euro-denominated loan facility of up to US$50 million and a potential Advisory Services program. The proposed project aims to support CRRH’s growth and increase the availability of long term financing to mortgage lenders in the UEMOA region. The UEMOA region consists of Benin, Burkina Faso, Cote d’Ivoire, Guinea Bissau, Mali, Niger, Senegal and Togo.

Associated Advisory Engagement

The scope of the Advisory Services program is to be confirmed.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation