Electrical Controls and Switchgear Ltd.
BIO has granted a USD 1 M loan to Electrical Controls & Switchgears, a manufacturer and supplier of electrical switchgear, transformers and panels in Uganda.
Amount
€ 725,111.00
Type of investment
Debt
Development impacts
- Private sector consolidation/innovation
Beneficiary locations
Investment field
Enterprises
Activity
Manufacturing & Services - Electrical products
ECS is a manufacturer and supplier of (low to middle voltage) electrical switchgear and panels in Uganda. These products are essentially the interfacing equipment between the power service utility provider and a final consumer power income in industries, factories, farms and commercial installations.
The investment project concerns the manufacturing of low to middle voltage distribution transformers (11 & 33 kV), which is the final voltage transformation in the electrical power system, stepping down the voltage used in the distribution lines to the level used by the customer. The manufacturing of distribution transformers is an upstream product in ECS portfolio.
Development impacts
-
Private sector consolidation/innovation
The investment serves to set up a new transformer assembly line using state-of-the-art technology.
View more of our investments in this region
Financial Institutions
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Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia
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Equity
Financial Institutions
Bank of Africa Group S.A.
1,954,160.00
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350,000.00
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Subsidy
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5,743,220.00
Ethiopia, Kenya, Rwanda, Tanzania, Uganda
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African Rivers Fund III
1,500,000.00
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Investment Companies & Funds
African Rivers Fund III
6,113,520.00
Democratic Republic of Congo, Uganda
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Equity
Investment Companies & Funds
Fairtrade Access Fund
350,000.00
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07/04/2020
Subsidy
Investment Companies & Funds
Zoscales Fund I
21,757.30
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Subsidy
Investment Companies & Funds
Frontier Energy II
8,151,000.00
Kenya, Rwanda, Tanzania, Uganda
21/03/2018
Equity
Investment Companies & Funds
Fairtrade Access Fund
3,000,000.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda
24/10/2019
Equity
Investment Companies & Funds
African Rivers Fund
4,118,275.00
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Investment Companies & Funds
Africa Renewable Energy Fund
8,896,000.00
Ghana, Kenya, Senegal, Uganda, Zambia
30/10/2014
Equity
Investment Companies & Funds
Beyond the Grid Solar Fund
4,175,007.50
Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Nigeria, Rwanda, Tanzania, Uganda
26/10/2017
Debt
Investment Companies & Funds
Agri-Vie Fund II
6,552,700.00
Kenya, South Africa, Tanzania, Uganda, Zambia
20/01/2017
Equity
Investment Companies & Funds
Ethos Mezzanine Partners 3
8,868,980.00
Burundi, Ethiopia, Kenya, Malawi, Mozambique, Rwanda, South Africa, Tanzania, Uganda, Zambia
13/06/2019
Equity
Investment Companies & Funds
Zoscales Fund I
4,169,100.00
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18/04/2019
Equity
