ACP-EU (Intra-ACP programmes)
Implemented in ACP Member States
and Regions
ACP-EU (Intra-ACP programmes)
Implemented in ACP Member States
and Regions
Agreement No. ACP/FED/038-840 – Increased Access to Finance for Enterprises, in particular SMEs – was signed on 27 September 2017 for an amount of €190.0 million. The programme will be implemented over a period of 120 months excluding the closure phase of 24 months.
Implementation modality
The programme will be implemented in the context of the EDF Blending Framework and its facilities. Projects will be assessed and implemented within the relevant EU Investment Facility: Africa Investment Facility, Caribbean Investment Facility, Pacific Investment Facility; and Thematic Investment Facility.
Objective
The programme’s main purpose is to contribute to poverty reduction by promoting private sector development, in particular through increased access to finance for MSMEs as well as cooperatives and other forms of social, sharing and collaborative economy, enhancing productive capacities and value chains and supporting specific initiatives such as ElectriFI and AgriFI. In particular, the programme contributes to the achievement of the SDG 8 (Promote inclusive and sustainable economic growth, employment and decent work for all; but also promotes progress towards Goals 2 (End hunger, achieve food security and improved nutrition and promote sustainable agriculture), Goal 6 (Ensure availability and sustainable management of water and sanitation for all), Goal 7 (Ensure access to affordable, reliable, sustainable and modern energy for all), Goals 9, 12, 13, 14, and 15.
Standard Output and Outcome Indicators for Blending Projects:
The programme is ongoing.
| “The programme is ongoing and is expected to end 28 September 2025.
The following sub-projects have been contracted: 1. Agri-Business Capital (ABC) Fund. This programme is implemented by IFAD for an amount of €45.8 million. 2. Euriz-Guarantee Facility for ACP MSMEs. This sub-project is jointly implemented by Agence Francaise de Developpment (AFD) and Swedish International Development Agency (SIDA) for an amount of €26.5 million. |
| 3.Boost Africa project. This programme is jointly implemented by the EIB and the AfDB for an amount of €61.0 million.
https://www.eib.org/fr/products/mandates-partnerships/boost-africa/index.htmBeneficiary countries of Euriz: All central African countries, Guinea, Ivory Coast, Mauritania and South Africa https://businessacp.com/wp-content/uploads/2020/02/EURIZ-Guarantee-programme.pdf For more information, contact: Department of Structural Economic Transformation and Trade |
Beneficiary countries:
For more information, contact: Department of Sustainable Economic Development and Trade