Signature(s)
Amount
€ 28,625,235.4
Sector(s)
Services
: € 28,625,235.4
Signature date(s)
15/05/2009 : € 28,625,235.4
Link to source
Data sheet
Other links
Summary sheet
Release date
4 February 2009
Status
Reference
Signed | 15/05/2009
20080594
Project name
Promoter - financial intermediary
Capital Alliance Private Equity III Limited ("Cape III", or "the Fund")
African Capital Alliance Ltd, ("ACA")
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
The maximum between EUR 30 million and 20% of the Fund’s size.
USD 500 million.
Location
Sector(s)
Description
Objectives
The Fund will make equity investments in high growth companies operating in West Africa and the Gulf of Guinea.
The Fund has a 30% gross IRR objective, promoting development through investments to be made primarily in the following sectors - energy (40%), information technology, telecommunications, services, agro-allied and manufacturing.
Environmental aspects
Procurement
The EIB will ensure that the Fund has appropriate Environmental and Social Management Systems in place for the evaluation of its investee companies.
Not applicable.
Link to source
Other links
Data sheet