π Tender Overview
Project Number
50009
Company Name
Banque El Amana SA
Date SPI Disclosed
May 15, 2025
Country
Mauritania
Region
Africa
Projected Board Date
Jun 16, 2025
Environmental Category
FI-2
Status
Pending Approval
Last Updated Date
Department
CF3WA - Regional Industry - FIG Africa/FIG West Africa
Industry
Financial Institutions
Sector
Commercial Banking - SME Finance
Additional Project Attributes
Blended Finance
Project Description
The proposed Project consists of a 5-year senior loan of up to US$30 million to Banque El Amana (BEA or the Bank), a private Mauritanian bank, to support the Bankβs financing to micro, small and medium-sized enterprises (MSMEs) with 25% of the loan proceeds earmarked for women-owned/led MSMEs (WMSMEs).
Associated Advisory Engagement
The Advisory Services team will be conducting a diagnostic during May 2025 covering risk management, including climate risk. Based on gaps identified, an advisory engagement plan will thereafter be proposed to BEA