€ 0
Private sector facility from OPEC Fund
https://opecfund.org/what-we-offer/private-sector-trade-finance
Overview
| Donor: | OPEC Fund for International Development (OFID) |
| Application procedure: | Concept Note |
| Donor base: | Austria |
| Reference number: | - |
| Eligible applicants: | Social Business |
| Deadline: | ongoing |
Financial details
| Grant size: | Large - more than $1,000,000 |
| Minimum grant size: | - |
| Total available budget: | - |
| Funding type: | Equity, Loans |
| Maximum grant size: | - |
| Funding ratio: | up to 100% |
Sectors
- Agriculture & Rural Development
- Economic Development
- Education
- Energy
- Food Security
- Health
- Humanitarian Aid
- Research, Technology & Innovation
- Water & Sanitation
Project Locations
Africa
Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gambia, Ghana, Guinea, Guinea Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Republic of the Congo, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, Sudan, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe
America
Antigua and Barbuda, Argentina, Barbados, Belize, Bolivia, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Nicaragua, Panama, Paraguay, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname
Asia
Afghanistan, Azerbaijan, Bangladesh, Cambodia, China, India, Jordan, Kazakhstan, Korea, Kyrgyzstan, Laos, Lebanon, Maldives, Myanmar, Nepal, Palestine, Philippines, Sri Lanka, Syria, Tajikistan, Thailand, Turkey, Turkmenistan, Uzbekistan, Vietnam, Yemen
Europe
Albania, Armenia, Bosnia and Herzegovina, Georgia, Kosovo
Pacific
Papua New Guinea, Samoa, Solomon Islands, Tonga
Description
1) Objective
Clients / beneficiaries should be: majority privately owned, commercially feasible enterprises operating under sustainable legal and environmental conditions sponsored by reliable promoters with appropriate skills and experience in the business field concerned. These include: commercial banks, leasing companies, housing finance companies and investment banks; private equity funds, generally focusing on equity investments in SMEs; national and/or regional development banks; microfinance institutions.
The Facility offers appropriate flexibility in the use of proceeds through its various instruments and products. These include financing for:
- acquisition of fixed and moveable assets
- other capitalized costs such as pre-operating expenditures, initial working capital, interest and financial charges during
- construction, and technological, intellectual and marketing rights
- financial restructuring and the replacement of temporary financing facilities (under certain circumstances)
- on-lending to SMEs and for microfinance lending (through lines of credit)
- capital markets development
- infrastructure
- social sector.
2) Eligibility
Eligible are commercially managed and financially and operationally autonomous enterprises that either: act as a channel for financial support to local private enterprises; or are earmarked for privatization; and/or are joint-ventures between a government and a foreign investor.
3) Location
OPEC Fund operates in developing countries worldwide with a focus on least developed countries.
4) Budget
The funding size is not mentioned.
5) Application
Applications for OPEC Fund private sector financing are invited from interested parties. Initial documentation should include: project description and objective; brief outline of general market environment, the sectors concerned and future prospects; introduction to the organizational, ownership and managerial structures of the proposed project including financial and; managerial information on project sponsors, promoters and other concerned parties; background information on the economic environment and regulatory environment within which the proposed project will operate; financial information on the proposed project (past, current and projected), including level, type and justification of funding required. Please note that a feasibility study and/or business plan, as well as other required documentation, will be requested from the applicant upon favorable progress of project review and consideration. Applicants should use the contact form on their website.