Title “Investment strategy” on the image of the “Private sector financing on Development Countries” conferences day organised by COFIDES
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Sub-Saharan Africa FacilitySub-Saharan Africa Facility logo

The most relevant characteristics of the financial support provided are as follows:

  • Eligible projects: viable projects undertaken in any Sub-Saharan African nation except the Republic of South Africa and involving some manner of Spanish interest. The priority sectors are:
    • Agroindustry
    • Renewable energy
    • Infrastructure and public utilities
    • Transport
    • Tourism
  • Types of financial support:
    • Capital holdings
    • Subordinated loans
    • Subordinated joint venture loans
    • Joint venture loans
  • Ceiling: 25 million euros or 70% (FIEX) and 80% (FONPYME) of the total project investment. Capital holdings are limited 49% of the project company’s share capital.
  • Minimum: 250,000 euros
  • Present capital endowment (2011): 35 million euros.
  • Access: applications must be submitted to COFIDES.
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