Veröffentlichungsdatum: 10 Februar 2016
Projektträger – zwischengeschaltetes Finanzinstitut
PRIVATE ENTITY(IES)Ort
Beschreibung
The operation consists of a commitment to a private equity fund targeting SMEs and small midcap companies in West and Central Africa.
Ziele
The proposed operation concerns a participation in AFIG Fund II, a growth equity fund managed by Dakar-based Advanced Finance and Investment Group (AFIG Funds). The Fund has a target size of USD 300m. The Fund aims to make a limited number of (mainly minority) equity and near-equity investments in Sub-Saharan Africa. Although all sectors could be considered, agribusiness, manufacturing, energy, healthcare, as well as financial and industry services are likely to be prioritised. Investments will typically range between USD 10-20m in companies offering "transformational growth" potential, i.e. the ability to benefit from a capital injection to develop and create value within a few years, as the result of operational improvements and/or business expansion. Since inception in 2008, AFIG Funds has emerged as a leading equity investment firm in West and Central Africa and developed strong expertise investing in the under-served "middle market" of SMEs and small midcaps. AFIG Fund II will be the successor fund to Atlantic Coast Regional Fund (ACRF), a USD 122.1m vintage 2008 fund in which the EIB committed USD 24.4m and which is now fully committed.
Sektor(en)
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 18 million (USD 20 million)
Gesamtkosten (voraussichtlicher Betrag)
EUR 267 million (USD 300 million)
Umweltaspekte
The Fund will operate in line with EIB's environmental and social standards.
Auftragsvergabe
N/A
Projektstatus
Unterzeichnet - 28/07/2016
Haftungsausschluss
Bis Finanzierungen vom Verwaltungsrat genehmigt und anschließend unterzeichnet werden, befinden sich die Projekte in der Prüfungs- oder Verhandlungsphase. Die Angaben auf dieser Seite sind daher unverbindlich.
Sie dienen lediglich der Transparenz und stellen nicht die offizielle EIB-Politik dar (vgl. auch die erklärenden Anmerkungen).