ImpactConnect: Attractive conditions for loans

AfricaConnect is now ImpactConnect. This programme, implemented by DEG, provides European companies with loans for investment projects that have a development impact in numerous countries.

ImpactConnect can provide substantial co-financing for your project in developing and emerging countries, with the risks being shared fairly. In addition, ImpactConnect focuses on four socio-ecological issues: Better jobs, female empowerment, fair and sustainable supply chains, reduction of the carbon footprint. Companies that exceed country and industry standards in these areas may receive interest rate reductions.

The programme is flexible and offers a wide range of options: loan financing is possible from 750,000 to five million euros (or in US dollars and many local currencies) and for terms of three to seven years. The loans are usually unsecured. In addition, DEG helps you structure the financing and provides advisory and financial support in implementing international environmental, social and corporate governance standards. The financing structures are lean, and implementation is relatively quick.
In order to receive funding, a project must be economically viable: your business plan, showing sustainable development over the coming years, and the last two audited annual financial statements are reviewed by experts. Since its launch in 2019, the programme’s focus has been on Africa. The programme is now being expanded globally and is available in Africa as well as BMZ partner countries in America, Europe and Asia (except China).

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ImpactConnect: Attractive conditions for loans

Hans Joachim Hebgen

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