Signature(s)
Summary sheet
Catalyst Principal Partners
Equity participation in a closed-end private equity fund targeting mid-market enterprises primarily located in Eastern African countries.
The Fund will primarily take strategic minority stakes in emerging medium-sized enterprises with business activities located principally in Kenya, Tanzania, Uganda, Zambia, Ethiopia, Rwanda and Democratic Republic of the Congo. The return on the Fund’s investments is expected to be driven primarily by the growth of the investee companies as well as their strengthened enterprise skills and governance, environmental and social standards; in turn, these are expected to underpin the positive development outcome of the project.
The Fund’s operational guidelines provide for environmental and social due diligence of investee companies according to guidelines acceptable to the Bank.
Not applicable.