African Lion III

Promoter – Financial Intermediary

African Lion III
Mr. Tim Markwell
Tel: +61 3 9614 8008
Fax: +61 3 9614 8009

Location

• Regional - Africa

Description

Third fund to provide early stage equity in mineral resource companies throughout Africa, principally targeting advanced exploration/feasibility and development projects.

Objectives

Development of the small-medium scale mining sector in Africa.

Sector(s)

• Industry

Proposed EIB finance (Approximate amount)

Up to USD 15 million

Total cost (Approximate amount)

Up to USD 79 million

Environmental aspects

Sub-projects to comply with respective national legislation and best international practice. African Lion to ensure environmental analysis according to World Bank guidelines.

Procurement

Not applicable (equity investment in small companies).

Status

Signed - 25/06/2008