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Signature(s)

Amount
€ 5,000,000
Sector(s)
Services : € 5,000,000
Signature date(s)
16/03/2012 : € 5,000,000
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Summary sheet

Summary sheet

Release date
19 October 2010
Status
Reference
Under appraisal | 16/03/2012
20100243
Project name
Promoter - financial intermediary
Cauris Croissance II

Cauris Capital Partners II

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 7 million.
Up to EUR 60 million.
Description
Objectives

Equity participation in a closed-ended private equity fund targeting Small and Medium-sized Enterprises (“SMEs”) primarily located in the West African Economic Monetary Union (“WAEMU”) region.

The Fund will target the SME sector and promote the expansion of local private businesses in a financially underserved market.

Environmental aspects
Procurement

The Fund’s operational guidelines provide for environmental and social impact assessment in accordance with the Bank’s policies.

Not applicable.

Link to source
Summary sheet
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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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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