AFRICA SME PROGRAM LOC - MOZABANCO S.A MOZAMBIQUE
Overview
- Reference: P-MZ-HAB-001
- Approval date: 11/04/2014
- Start date: 10/04/2015
- Appraisal Date: 09/04/2014
- Status: OngoingOnGo
- Implementing Agency: MOZA BANCO
- Location: MOZAMBIQUE
Description
Background: Mozabanco is seeking long-term funding support under AfDB
Benefits
Mozabanco has diverse pipeline of SME projects covering the whole country worth about MZN762 mln (USD29 mln). A significant portion of the projects require term funding which Mozabanco cannot source in Mozambique.
Key contacts
SAKALA Mdaniso Ernest - PIFD
Costs
| Finance source | Amount |
|---|---|
| ADB | USD 5,854,268 |
| Delta | USD 38 |
| Total | USD 5,854,230 |