Signature(s)
Amount
€ 4,614,400
Sector(s)
Services
: € 4,614,400
Signature date(s)
14/08/2007 : € 4,614,400
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Summary sheet
Release date
19 December 2006
Status
Reference
Under appraisal | 19/12/2006
20060457
Project name
Promoter - financial intermediary
I & P Capital Fund II
I&P Management (Indian Ocean)
6th floor, Harbour Front building,
President John Kennedy Street
Port-Louis,
Mauritius
6th floor, Harbour Front building,
President John Kennedy Street
Port-Louis,
Mauritius
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 5 million.
Up to EUR 30 million.
Location
Sector(s)
Description
Objectives
The fund will make equity and quasi-equity investments of EUR 1 million - 5 million in private companies located primarily in Mauritius and Madagascar and possibly the wider Indian Ocean region and East Africa.
Contributing to the development of the private sector in the targeted regions and producing a commercial return to investors.
Environmental aspects
Procurement
Investee companies to meet the Bank's environmental standards Compliance to be monitored by the fund manager.
Not applicable.
Comments
The fund will make investments across a range of sectors.
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