The African Development Bank Group (AfDB) and Mota-Engil Africa have signed a landmark €120 million Partial Credit Guarantee (PCG) in Abidjan, marking the Bank’s first direct support to an EPC company in Africa.
The guarantee, backing a €170 million Sustainability-Linked Loan from Deutsche Bank, will allow Mota-Engil Africa to strengthen its financial profile, extend debt maturities, and execute a pipeline of projects across more than a dozen African countries. These include transport networks, water and sanitation systems, energy-efficient civil works, and environmental services.
AfDB Vice President Solomon Quaynor said the deal underscores the Bank’s strategy to leverage guarantees to unlock affordable financing for Africa’s growth. Mota-Engil Chairman Manuel Mota hailed the agreement as a “defining moment” in Africa’s transformation, while Deutsche Bank emphasized the sustainability KPIs embedded in the financing.
The initiative supports AfDB’s High 5 priorities, notably Industrialise Africa and Improve Quality of Life, by driving inclusive growth, job creation, and resilience through sustainable infrastructure.
