Cumulative Co-financing

The significance of co-financing – which literally means that the Fund participates with more than one financing body in the financing of a particular project – lies in its ability to provide the financing necessary for the achievement of mega-projects which most probably cannot be executed by the exclusive efforts of only one financing body or beneficiary country. Currently, project co-financing helps to execute the various projects within the expected timeline. Since the beginning of its activities, the Fund concentrated on such projects - particularly mega-projects in which all relevant parties had an interest - in cooperation with other national, regional and international financing institutions. Until the end of 2018, the total number of loans agreements accomplished within the framework of co-financing projects with other development institutions were 412 loans agreements from the total signed loans agreements - which totaled SR 34003.03 million, representing 54.88% of the total amounts of the signed loans agreements, as illustrated in the following table:

 

 

Region

Signed Loans

Co-Financed Loans

 

Percentage of Co-Financed Loans Amount of the Total Signed

No.

Amount

No.

Amount

Africa

408

35135.37

274

19136.48

45.46%

Asia

258

25163.30

129

14227.70

56.54%

Other Regions

22

1659.94

9

638.85

38.48%

Total

688

61958.61

412

34003.03

54.88%

SFD Partners

Body
Arab Fund for Economic and Social Development
Abu Dhabi Fund for Development
Kuwaiti Fund for Arab Economic Development
Iraqi Fund for External Development
Japan Bank for International Cooperation
Fonds d’Aide et de Cooperation, FAC (France)
Fonds Pour Industrialisation des Pays en Development (Denmark)
African Development Fund
Regional Development Fund for the Economic Union of the West African Countries
OPEC fund for International Development
European Investment Fund
International Monetary Fund
International Fund for Agricultural Development
Overseas Development Administration (British Agency)
Canadian International Development Agency
Swedish International Development Agency
United States Agency for International Development
Societe Pour L’Expansion des Exportations, SEE (Canada)
International Development Association
Caisse Centrale de la Cooperation Economique, CCCE (France)
Kreditanstalt fÜr Wiederaufbau, KFW (Germany)
Italian Credit Bank
Yugoslav Bank for International Economic Cooperation
African Development Bank
Islamic Development Bank
Asian Development Bank
Caribbean Development Bank
Inter - American Development Bank
West African Development Bank
Banque de Développement des Etats de L’Afrique Centrale (BDEAC)
Eastern and Southern African Trade and Development Bank
Skandinaviska Enskilda Banken (SEB)
European Fund for Development
International Bank for Reconstruction and Development
Arab Bank for Economic Development in Africa
Commonwealth Development Corporation
Millennium Challenge Corporation
Swiss Development Corporation
European Economic Community
United Nations Development Programme
World Food Program
The Export-Import Bank of China