Signature(s)
Summary sheet
- Services - Financial and insurance activities
The proposed operation consists of an equity participation in Africa Industrialization Fund (AIF) - North Africa, a generalist private equity fund targeting growth capital investments in small and medium-sized private companies located in Southern Neighborhood countries.
The fund will target growth capital investments in Southern Neighborhood small and medium-sized companies (SMEs) that are seeking to grow their business at above average growth rates. The EIB would support the regionalisation strategy of an experienced private equity team. The fund has a target size of USD 150m.
The fund will operate in line with the EIB's environmental and social standards.
Procurement will be in line with EIB guidelines for private sector projects.
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They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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