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    Signature(s)

    Amount
    € 7,000,000
    Countries
    Sector(s)
    Regional - Africa : € 7,000,000
    Services : € 7,000,000
    Signature date(s)
    10/05/2012 : € 7,000,000
    Link to source

    Summary sheet

    Release date
    21 September 2011
    Status
    Reference
    Signed | 10/05/2012
    20100254
    Project name
    Promoter - financial intermediary
    I & P Afrique Entrepreneurs

    I&P Afrique Entrepreneurs, a limited life investment vehicle to be incorporated in Mauritius

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 7 million
    EUR 50 million
    Location
    Sector(s)
    Description
    Objectives

    The target EUR 50 million fund will take equity participations and lend to Small and Medium Sized Enterprises in francophone Africa and Ghana, and to Microfinance Institutions in Africa at large. In addition to capital, the Fund will bring technical, strategic and operational support to the investee companies.

    The Fund’s objective is to foster the development of the private sector by supporting micro, small and medium-sized enterprises with both funding and technical assistance, while applying high Environmental and Social standards in the selection and monitoring of the investments.

    Environmental aspects
    Procurement

    Not applicable.

    Not applicable.

    Link to source
    Other links

    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).

    News & Stories

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