GroFin Africa Fund

Projektträger – zwischengeschaltetes Finanzinstitut

GroFin

Ort

• Regionalvorhaben - Afrika

Beschreibung

GroFin Africa Fund (GAF) is a target USD 150 million closed-end private equity fund providing loans and equity products, as well as business support to small businesses in various African countries. GroFin Capital contributes USD 10 million in cofinancing.

Ziele

The Fund’s objective is to provide financing and business support to the “missing middle”, i.e. SMEs that lack access to commercial bank funding, are too large for microfinance institutions, and are outside the purview of private equity funds. GroFin uses the term “growth finance” to describe the sector in which it operates. The Fund’s operatations are targeted to the following countries: Kenya, Tanzania, Uganda, Rwanda, Nigeria, Ghana and South Africa.

Sektor(en)

• Dienstleistungen

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

Up to USD 20 million.

Gesamtkosten (voraussichtlicher Betrag)

USD 150 million.

Umweltaspekte

Environmental analysis accourding to guidelines acceptable to the Bank will be part of the Fund’s due diligence process in the appraisal of investee companies.

Auftragsvergabe

Not applicable.

Projektstatus

Unterzeichnet - 14/08/2009