Working with us
Eligibility criteria
Client Company must be located and incorporated in a Regional Member Country. Majority of equity must be privately held (an Enterprise majority owned by the government may also be eligible for Bank assistance, provided that it satisfies the criteria of financial viability, operational and managerial autonomy, and it is run on a commercial basis). Equity contribution must be at least 30% of total project cost.
Maximum AfDB participation cannot exceed 40% of total project cost for Greenfield projects - can be higher for projects entailing expansion of existing facilities. Minimum AfDB participation usually exceeds US $ 3 million equivalent. Evidence of strong integrity, good reputation and adequate financial standing.
Application procedure
To enable the Bank to promptly assess the eligibility of a project for investment, interested enterprises should submit a preliminary application covering, in general, the following information:
Description of the project (sector, location, production volumes, etc.);
- Project description
- Sponsors, including financial and managerial background
- Cost estimates, including foreign exchange requirements
- Financing plan, indicating the amount of AfDB financing desired
- Key technical and environmental features
- Feasibility indicators
- Business climate, market prospect, including proposed marketing arrangements
- Implementation plan, including the status of required licenses, permits, certificates, etc.
Having determined the eligibility of a project financing application, the Bank will initiate a full application review. To facilitate this, the Bank will require the following:
- Feasibility study
- Business plan
- Environmental impact assessment (depending on the nature of the project).
