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NIF - Regional Projects in the Southern Neighbourhood

Regional: MENA Fund for Micro-, Small and Medium Enterprises (SANAD)
The project aims at offering market based financial instruments – in the form of guarantees, loans, subordinated debt and equity - to local partner financial institutions in the MENA region, encouraging them to improve access to finance for Micro-, Small and Medium enterprises (MSMEs).

Lead FI: KfW
Total cost:€129M
NIF grant: €10M
Status: disbursing

 

Regional: Enterprise Growth Programme and Business Advisory Services (formerly known as "TAM/BAS")
The general objective of the EBRD's Small Business Support (SBS), which includes the Enterprise Growth Programme and the Business Advisory Services (formerly known as TAM/BAS programme), is to support economic transition and to achieve enterprise change in viable MSMEs across a broad range of sectors.

Lead FI: EBRD
Total cost:€5M
NIF grant: €5M
Status: disbursing

 

Regional: Southern and Eastern Mediterranean Project Preparation Framework
The NIF contribution allows the EBRD to prepare investment operations in countries of the Southern and Eastern Mediterranean. The NIF finances technical assistance for the preparation of investment projects in the priority sectors.

Lead FI: EBRD
Total cost:€15M
NIF grant: €15M
Status: disbursing

 

Regional: SME Guarantee Facility
The objective of the project is an increase in local banks’ lending to SMEs, improving access to finance for SMEs on a sustainable basis. The ultimate objective of the project is to promote job creation. The project will provide an effective risk management tool aiming to encourage local commercial banks to increase their financing to SMEs in the Mediterranean partner countries thus deploying local currency resources mobilised from their domestic market. Portfolio guarantees provided on a large scale are not common in the region and this scheme is expected to boost local lending significantly.

Lead FI: EIB
Other FI: AFD
Total cost:€320M
NIF grant: €24M
Status: approved

 

Regional: Technical Assistance programme in support of the Mediterranean Urban Projects Finance Initiative (UPFI)
The aim of the Technical Assistance programme under the Mediterranean Urban Projects Finance Initiative (UPFI TA) is to develop sustainable and innovative urban projects that represent best practices and that are potentially replicable. The overarching goal is to help improve living conditions in the Mediterranean partner countries, where the urbanisation growth rate is rapidly increasing due to demographic and environmental pressure.

Lead FI: AFD
Total cost:€5M
NIF grant: €5M
Status: approved

 

Regional: Renewable Energy and Energy Efficiency Project Preparation Initiative in support of the Mediterranean Solar Plan (MSP-PPI)
The overall objective of the Mediterranean Solar Plan is to develop renewable energy, energy efficiency and renewable energy transmission capacities in general in the region. The project is designed to accelerate the development of renewable energy and energy efficiency projects in the Mediterranean partner countries to fulfil their national targets and to achieve the Mediterranean Solar Plan’s renewable energy target.

Lead FI: EIB
Total cost:€5M
NIF grant: €5M
Status: approved

 

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Last update: 26/08/2013 | Top