π Tender Overview
Project Number
47041
Company Name
ACEP CAMEROUN SA
Date SPI Disclosed
Jul 30, 2025
Country
Cameroon
Region
Africa
Projected Board Date
Jul 31, 2025
Environmental Category
FI-2 - Limited
Status
Pending Approval
Last Updated Date
Department
Regional Industry - FIG Africa
Industry
Financial Institutions
Sector
Microfinance and Small Business - Non Commercial Banking
Additional Project Attributes
Blended Finance
Project Description
The proposed investment consists of an up to five-year senior loan (inclusive of a one-year grace period) of up to US$ 5 million (to be provided in EUR or in XAF equivalent) to ACEP Cameroun S.A. ( ACEP ), a Micro-Finance Institution (MFI) operating in Cameroon, under the Micro, Small and Medium Sized Enterprises ( MSME ) Finance Platform β Bottom of Pyramid ( BOP ) Envelope ( the Project ). The Platformβs BOP Envelope seeks to address financial inclusion gaps, with a focus on micro and small enterprises ( MSE ), informal enterprises, and low-income households by providing medium- and long-term loans to eligible financial service providers (FSPs). Subject to BFC Approval, the Project will be included in the MSME Finance Platform which is supported by a pooled first loss guarantee ( PFLG ) of up to US$40 million provided by the International Development Association (IDA) 20 Private Sector Window Blended Finance Facility (IDA-PSW BFF) allocated to the BOP Envelope under the MSME Finance Platform. ACEP aims to deploy at least 25% of the facility towards Women-Owned Micro, Small and Medium Sized Enterprises ( WMSMEs ).