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The OPEC Fund
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Development
  1. Operations
  2. Blue Financial Services (BFS)

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Blue Financial Services (BFS)

Mauritius

Borrower Blue Financial Services (BFS)
Financing Type Private Sector & Trade Finance
Instrument Private Sector Debt
Focus Area Financial
Approved 11.03.2009
Signed 08.05.2009
Status Completed
Loan Administrator OPEC Fund
Co-financiers IFC, FMO, OPIC
OPEC Fund Contribution (US$m) 15.00

OFID’s credit line will form

part of BFS’s funding expansion program that is being

financed alongside lines of credit from other development

finance institutions including the IFC, FMO, the

Overseas Private Investment Corporation and

Standard Chartered Bank. Given the operational

focus of BFS, the lending undertaken will assist in the

expansion of private sector development and employment

generation, as well as general economic growth

across Sub-Saharan Africa.

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