Reference:
20130415
Release date: 29 November 2013
Release date: 29 November 2013
Promoter – Financial Intermediary
Synergy Managers LimitedLocation
Description
The operations consists of an equity participation in a closed-end private equity fund targeting investments in Nigeria and Ghana. The fund is to be managed by Synergy Managers Limited and will have a generalist investment approach (i.e. sector agnostic).
Objectives
Generating long-term capital appreciation in local SMEs.
Comments
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 11 million
Total cost (Approximate amount)
EUR 95 million
Environmental aspects
NA
Procurement
NA
Status
Signed - 12/09/2014
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).