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    Signature(s)

    Amount
    € 13,983,080.47
    Countries
    Sector(s)
    Regional - Africa : € 13,983,080.47
    Services : € 13,983,080.47
    Signature date(s)
    17/10/2008 : € 13,983,080.47
    Link to source

    Summary sheet

    Release date
    9 July 2008
    Status
    Reference
    Signed | 17/10/2008
    20080123
    Project name
    Promoter - financial intermediary
    Adlevo Capital Africa
    Adlevo Capital Managers, LLC
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to USD 20 million.
    USD 100 million.
    Location
    Sector(s)
    Description
    Objectives

    Adlevo Capital Africa is a Mauritius-domiciled private equity fund which is being formed to take advantage of the growing opportunities for technology investments with a special focus on Nigeria and South Africa.

    The Fund will primarily target investments into technology-enabled infrastructure and service companies in sub-Saharan Africa. This strategy is expected to deliver significant enterprise development benefits, especially in the area of information technology.

    Environmental aspects
    Procurement

    Environmental analysis accourding to guidelines acceptable to the Bank will be part of the Fund’s due diligence process in the appraisal of investee companies.

    Not applicable.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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