Signature(s)
Summary sheet
Creation of an investment fund for the purpose of taking participations in joint ventures between European and North African promoters or in entirely local enterprises. The capital invested is mostly Italian. The fund will be managed jointly by an Italian team and a number of local (Tunisian, Moroccan and Egyptian) investment managers.
Promoting the establishment or development of European companies in the MEDA region and, more generally, fostering the growth of private enterprise.
The fund will only invest in enterprises that comply with environmental standards meeting the EIB's requirements.
N/A.
All sectors will be eligible for the fund's support (with the exception of sectors and activities excluded by the EIB on ethical grounds).
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