Date de publication: 2 juin 2016
Promoteur – Intermédiaire Financier
PRIVATE ENTITY(IES)Lieu
Description
Equity investment in a USD 150 m fund promoting financial inclusion in Africa through equity and quasi-equity investments in small and medium-sized enterprise (SME) banks, microfinance institutions, micro-insurance and financial technology (Fintech).
Objectifs
Thanks to its expanded presence on the African market, the fund's objective is to invest with minority positions in equity and quasi-equity, shareholder's loans, and convertible debt in regulated financial institutions. Apart from looking for competitive returns for its investors, the fund seeks to provide investees with (i) access to scarce equity funding, (ii) corporate governance (iii) compliance and reporting of environmental, social and corporate governance (ESG) performance, (iv) strategy in particular via access to capacity building.
Secteur(s)
- Services - Activités financières et d'assurance
Montant BEI envisagé (montant approximatif)
USD 20 million
Coût total (montant approximatif)
USD 150 million
Aspects environnementaux
The fund's operational guidelines will provide for environmental and social due diligence of investee companies according to guidelines acceptable to the Bank.
Passation des marchés
Not applicable.
Statut
Signé - 13/12/2017