AFIG Fund II is a private equity Fund with a target size of USD 150m. EIB is participating with up to USD 20m, limited to 20% of total commitments. The Fund focuses on small and mid-sized companies in Sub Saharan Africa. The Fund considers agribusiness, manufacturing, energy, food and beverages, healthcare as well as financial and industry services its priority. It is also a significant contributor to job creation in Africa, thereby addressing one of the root causes of the current migration crisis.