TCX has established a program called the “EU Market Creation Facility – Pricing Component” to reflect the strong strategic willingness of the European Commission and TCX to cooperate in order to increase the use of local currency in development finance.

With the support of this program, TCX will be able to offer discounted pricing in several target currencies to (development finance) investors. The hope is that this program will help increase debt investments in Sub-Saharan Africa and Middle East North Africa and refinance existing debts, whilst not exposing borrowers to currency risk.  By doing so, the program aims to contribute to the stabilization of institutions and to create local-currency lending capacity when and where most needed.

Key documents:
TCX – EC Pricing Facility 1.1 – Information Memorandum
TCX – EC Pricing Facility 1.1. Side Letter
TCX compendium 8.0 The European Commission Pricing Facility
TCX- EC Pricing Facility Allocation Request Template

Recording of the webinar we hosted on the launch of the EC Pricing Facility, on April 18th, 2024:
Here you can find the slides of the presentation that was used during the webinar.

To receive the password for these documents, and for the webinar, please send an email to [email protected].