Home European Financing Partners European Financing Partners In brief European Financing Partners (EFP), a joint venture between the European Investment Bank (EIB) and twelve European Development Finance Institutions (EDFIs), is a co-financing vehicle established in 2003 aiming at promoting sustainable development of the private sector and strengthening cooperation between eligible EDFIs and the EIB. EIB’s financing is from the Cotonou Agreement Investment Facility for the African, Caribbean and Pacific Group of Countries (ACP) based on the Cotonou Agreement of July 2000. This means that EIB will only participate in projects in the ACP countries, whereas other shareholders of EFP can provide financing to countries included in the OECD DAC list. Main development impact EFP’s financing is aimed at securing financing for healthy local companies, speeding up economic recovery, protecting jobs, and contributing to host countries by paying taxes and other payments to local governments. Further, EDFI companies can improve the borrower companies' E&S management and good corporate governance practices if and when required. Investment details Name: European Financing Partners Project number: 80000049 Region: International Country: International Sector: Financial institution Signing date (month/year): December 2022 Currency: EUR Finnfund's financing (commitment): 15,000,000 Instrument: Loan Status: Active Website: https://edfi.eu/ Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Other investments Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument European Financing Partners Africa 2010 European Financing Partners International July 2020 EUR 10,000,000 Loan December Read our transparency and disclosure policy More information: News Current investments Business sectors Contact us Key facts Name: European Financing Partners Sector: Financial institution Region: International Country: International Currency: EUR Finnfund's financing (commitment): 15,000,000 Signing date (month/year): December 2022 Last update: September 2024