Signature(s)
Summary sheet
Equity participation on ENPI risk capital resources of up to EUR 10 million equivalent in Mena Joint Investment Fund, a fund investing in majority and controlling stakes in private companies across selected industries.
The aim of the Fund is to create value by creating, restructuring or growning companies by focusing on boosting naturally advantaged industries and improving the competitiveness of those suffering from a legacy of inefficiencies.
In addition to complying with Egypt’s environmental laws, regulations and policies and, where appropriate, EU legislation (e.g. sensitive sectors, environmental impact assessment), the Fund has agreed to develop environmental guidelines in agreement with its leading investors, namely the IFC, the African Development Bank and the EIB.
N/A (private sector investment).
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.
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Zero tolerance against fraud and corruption
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
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