Signature(s)
Amount
€ 5,000,000
Sector(s)
Services
: € 5,000,000
Signature date(s)
16/03/2012 : € 5,000,000
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Summary sheet
Release date
19 October 2010
Status
Reference
Under appraisal | 16/03/2012
20100243
Project name
Promoter - financial intermediary
Cauris Croissance II
Cauris Capital Partners II
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 7 million.
Up to EUR 60 million.
Location
Sector(s)
Description
Objectives
Equity participation in a closed-ended private equity fund targeting Small and Medium-sized Enterprises (“SMEs”) primarily located in the West African Economic Monetary Union (“WAEMU”) region.
The Fund will target the SME sector and promote the expansion of local private businesses in a financially underserved market.
Environmental aspects
Procurement
The Fund’s operational guidelines provide for environmental and social impact assessment in accordance with the Bank’s policies.
Not applicable.
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