Enhancing Private Sector Assistance for Africa (EPSA)
EPSA is a multi-donor framework supporting the AfDB’s Private Sector Development Strategy. Drawing on successful development experience in Asia and around the globe, EPSA was conceived in partnership with the Government of Japan. A concessional loan has been set up with AfDB under the EPSA Non-sovereign Loan (NSL) component. The NSL component helps finance the Bank’s private sector operations through a line of credit from JICA to the Bank on concessional terms. The first loan, for approximately US$100 million, was signed on 20 February 2007 and closed in October 2008. This was followed by a second Private Sector Assistance Loan under the joint initiative titled, “EPSA for Africa”, for an amount equivalent toUS$300 million. The EPSA Non-Sovereign Loans have supported the investment and financing of a number of regional infrastructure and financial sector projects as well as clean energy projects in Uganda and Madagascar, and SME/microfinance projects in Nigeria and Tanzania. Additionally, 1 billion US dollar worth Japanese yen loan over 5 years was pledged in 2012.
For more information: