Early Warning System

Countries

Ivory Coast
Senegal

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Proposed

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Jun 17, 2026

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Mota-Engil Engenharia e Construcao Africa, SA

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Mining
Technical Cooperation

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 115.50 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 99,100,000.00
Converted using 2026-05-18 exchange rate.

Project Cost (USD)

$ 115.50 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Primary Source

Original disclosure @ EBRD website

Updated in EWS May 25, 2026

Disclosed by Bank May 17, 2026

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank-provided information, the project involves the provision of a senior corporate loan to Mota-Engil Engenharia e Construcao Africa, SA ("Mota-Engil Africa") of up to EUR 162 million, guaranteed by Mota-Engil SGPS, SA ("Mota-Engil"), to support Mota-Engil Africa's activities in Sub-Saharan Africa ("SSA"). The loan proceeds are expected to finance: (i) the acquisition of railway construction equipment in Nigeria; (ii) mining services capital expenditures across three mines in Cote d'Ivoire and Senegal; (iii) refinancing of capital expenditures; and (iv) working capital financing (the "Project").

The Project will be presented under two separate disclosures, comprising two components: EUR 63 million related to railway construction in Nigeria and EUR 99 million related to mining services activities in Cote d'Ivoire and Senegal.

The EBRD proceeds will be used to finance mining services CAPEX across three mines in Cote d'Ivoire (Lafigue Gold Mine and Seguela Gold Mine) and Senegal (Boto Gold Mine), refinancing of CAPEX, and working capital financing in these two countries.

The Project will be complemented by a Technical Cooperation ("TC") assignment under the Gender and Economic Inclusion TC Framework in an aggregate amount of EUR 200,000 to be funded from the EBRD Action for Equality and Gender Multi-Donor Fund ("A4EG"), including a contribution from Mota-Engil Africa of up to 50%.

The TC assignment aims for capacity building focusing on increasing the share of women in the Company's labour force, including total workforces, senior positions, and technical roles, and employability initiatives supporting access to skills and employment at the local level.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

MOTA-ENGIL ENGENHARIA E CONSTRUCAOAFRICA SA

Mota-Engil Africa, fully owned by Mota-Engil, is a Pan-African Engineering Procurement and Construction company incorporated in Portugal and primarily engaged in the implementation of projects across various sectors, including infrastructure civil engineering, construction, energy, transport, environment, and contract mining, through its local subsidiaries in Africa.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	MOTA-ENGIL	Client	Construction

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Pedro Oliveira Sá, Executive Director and CFO of Mota-Engil Africa
+351 962 293 959
https://www.mota-engil.com/en/

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html