Signature(s)
Summary sheet
I&P Management
Equity participation in a closed-end private equity fund targeting small to medium-sized enterprises primarily located in Indian Ocean countries (Mauritius, Seychelles, Madagascar, and Comores) and in West Africa (initial focus on Ghana).
The Fund will promote the expansion and strengthening of private small and medium-sized businesses. The Fund will primarily be used to acquire majority stakes in enterprises with business activities in the following sectors: tourism and hospitality, financial services, infrastructure and utilities, agro industry and ICT. The fund manager will seek to create value by driving the growth and profitability of investee companies as well as their strengthened enterprise skills and governance, environmental and social standards.
The Fund’s operational guidelines provide for environmental and social due diligence of investee companies according to guidelines acceptable to the Bank.
Not applicable.
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).
General enquiries and comments
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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.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
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Complaints mechanism
Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
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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