ABRAAJ NORTH AFRICA FUND II

Promoter – Financial Intermediary

PRIVATE ENTITY(IES)

Location

• Regional - North Africa

Description

The proposed operation consists of an equity participation in Abraaj North Africa Fund II, a generalist private equity fund targeting expansion capital investments in private companies located in North African countries (Morocco, Algeria, Tunisia and Egypt).

Objectives

The Fund will seek to take minority or majority stakes in mid-market SMEs with proven business models and the ability to grow into regional leaders.

Comments

Sector(s)

• Services - Financial and insurance activities

Proposed EIB finance (Approximate amount)

EUR 20 million

Total cost (Approximate amount)

EUR 180 million

Environmental aspects

The Fund will operate in line with EIB requirements.

Procurement

Not applicable

Status

Signed - 30/06/2014