EMP Africa Fund II

Projektträger – zwischengeschaltetes Finanzinstitut

Tom Gibian

CEO Emerging Markets Partnership

2001 Pennsylvania Avenue NW, Suite 1100

Washington DC 20006

Ort

• Regionalvorhaben - Afrika

Beschreibung

EMP Africa Fund II, the successor to AIG African Infrastructure Fund (Africa Fund I), will seek to support private African companies that are current or potential market leaders, have robust business plans and are managed by reputable management teams.

Ziele

The access to this private equity fund will encourage private initiative in infrastructure and other investments. In addition to promoting private sector growth, creating new jobs and improving the general economic situation in Africa by raising long-term financing for important infrastructure and other investments, the Fund will also highlight to investors the opportunities the African continent offers.

Kommentar(e)

Infrastructure, financial, and natural resources.

Sektor(en)

• Dienstleistungen

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

Up to EUR 40 million in equity.

Gesamtkosten (voraussichtlicher Betrag)

The target size of the fund is USD 500 million composed of USD 435 million in equity from limited partners and up to USD 65 million from the Overseas Private Investment Corporation (OPIC).

Umweltaspekte

As in the predecessor fund, the Fund Managers will have to ensure that identification, analysis and supervision of Fund Investments will be carried out with due regard to ecological and environmental factors and in accordance with both local law and World Bank standards.

Auftragsvergabe

As in the predecessor fund, the Fund Managers will have to ensure that the procurement procedures will be lawful and in line with current practice in private industry.

Projektstatus

Unterzeichnet - 15/05/2006