Equity investment in a closed-end generalist private equity fund focused on growth capital investments in SMEs located across North Africa.
The proposed operation is expected to contribute risk capital funding to established, growth-oriented mid-market SMEs, principally located in Morocco and in neighbouring North African countries (Algeria, Tunisia). The Fund will target individual equity and/or quasi-equity investments between EUR 2-10 million.
The target size of the Fund at final closing is EUR 80-90 million
The Fund will operate in accordance with an environmental policy developed by the fund manager in consultation with an investor group of Development Finance Institutions.
Not applicable (private sector operation)
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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