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Project Information
Investment ID: 20170003
Bank: European Investment Bank
Environmental Category: N/A
Country: Ethiopia
Region: Sub-Saharan Africa
Approval Date: Nov. 28, 2017
Investment Types: Equity, Financial intermediary
Total Project Cost: EUR 8.0 million
Total Complaints: 1
Description
The project concerns an equity investment to support mobile financial services in Ethiopia. The subsidiary runs a platform that provides mobile financial services to financial institutions and money transfer services.
Investments
| Investment Type | ID | Amount | Status | Bank | Client |
|---|---|---|---|---|---|
| Equity, Financial intermediary | 20170003 | EUR 4.0 million | Planned | EIB |
Related Complaints
| European Investment Bank CM Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| MBIRR Mobile Banking Service | EIB CM | Ethiopia | 03/12/2021 | Closed With Outputs |