>@FIPA
©FIPA
FIPA is a private equity fund promoted by Norfund and BAI, a local, private commercial Angolan bank. FIPA’s objective is to invest in local enterprises in Angola, thus overcoming the lack of equity/venture capital and similar instruments in the country. It is the first private equity fund in Angola focusing on investments in established and/or start-up local SMEs. Target size of the fund is USD 100m, with investments taking the form of equity, preference shares or loan instruments.
Country of incorporation
Luxembourg
Fund size
39m
Geography
Angola
Sector(s)
Generalist
Vintage year
2010
EIB commitment
USD 6m
Website
http://www.angolacapitalpartners.com/en/funds/fipa.html