PROJECT

Projects

Summary of Investment Information

Project Number

41465

Company Name

ABI Group RSF

Date SPI Disclosed

May 16, 2018

Country

Western Africa Region

Region

Africa

Projected Board Date

Jun 15, 2018

Environmental Category

FI-1 - Significant

Status

Pending Signing

Last Updated Date

Jun 26, 2018

Department

Regional Industry - FIG ME & Africa

Industry

Financial Markets

Previous Events

Approved : Jun 25, 2018

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

 The proposed project entails the provision of a 5-year Risk Sharing Facility (“RSF” or the “Facility”) in the amount of up to EUR40 million to cover three subsidiaries of Atlantic Business International (“ABI”) – namely Banque Atlantique Burkina Faso, Banque Atlantique Côte d’Ivoire and Banque Atlantique Mali, together the Participating Affiliates (“PAs”) for a target portfolio of loans in the amount of up to EUR80 million to eligible borrowers in the full spectrum of agriculture-linked businesses across various food and non-food crop value chains from primary production, services, storage, fertilizers, seeds, supplies through to processing and distribution. The project is subject to regulatory approvals.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation