Eligibility for AEF Financing To be eligible for AEF financing, projects must be located in IFC's member countries and have the potential to earn a satisfactory financial return while benefiting the economy of the host country. They must have adequate equity financing, and sponsoring companies must be majority privately owned -preferably by local investors. Local currency financing is provided in some circumstances. AEF seldom takes more than 30 percent of the share capital of a venture, and is never the largest shareholder. Funds may be spent in any of the World Bank's member countries.
Marketing is done by the parent company from Portugal.
The project has increased the country's exports and created more than 200 new jobs in Mindelo, the second largest city in the country, which suffers from high unemployment. P chazur II P chazur II is an expansion of the first AEF investment in C te d'Ivoire. The project helps support a vital food industry with a high local market demand. This includes the yearly increase of egg production from 1.5 million to 6.2 million, day-old chicks from 0.6 million to 1.2 million, animal feed from 2,720 to 5,000 tons and to process chicken and expand the market for poultry products into lower economic segments. Poultry products are sold in Ghana and the neighboring country, Togo.