Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 22,867,904.23
    Countries
    Sector(s)
    Regional - Africa : € 22,867,904.23
    Health : € 6,860,371.27
    Services : € 16,007,532.96
    Signature date(s)
    31/05/2019 : € 6,860,371.27
    31/05/2019 : € 16,007,532.96

    Summary sheet

    Release date
    18 February 2019
    Status
    Reference
    Signed | 31/05/2019
    20180763
    Project name
    Promoter - financial intermediary
    LEAPFROG EMERGING CONSUMER FUND III
    LEAPFROG EMERGING CONSUMER GP LP,LEAPFROG INVESTMENTS GROUP LTD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 26 million (EUR 23 million)
    USD 600 million (EUR 532 million)
    Location
    Sector(s)
    • Services - Financial and insurance activities
    • Health - Human health and social work activities
    Description
    Objectives

    The project concerns an equity participation of up to USD 40.5m in LeapFrog Emerging Consumer Fund III, a private equity fund planning to make equity growth investments in innovative SMEs and Midcaps enterprises active in the financial services. Investments will cover to a lesser extent healthcare sectors in Africa and developing Asia.

    Through its renewed participation in the fund, the EIB will support and crowd in new and returning private investors, allowing the fund reach its target size and realize its full envisaged impact. LeapFrog Emerging Consumer Fund III will provide equity financing to high growth innovative companies active in the financial services and healthcare sectors serving emerging consumers in Africa and Asia.

    Environmental aspects
    Procurement

    It will be ensured that the project meets the EIB social and environmental standards. It has to be noted that Leapfrog has become a recognised leader in environmental, social and governance procedures for "Profit with Purpose" investments, thanks to the involvement of EIB and other development finance institutions since the beginnings of Fund I.

    N/A

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - LEAPFROG EMERGING CONSUMER FUND III
    Publication Date
    11 Jun 2019
    Document language
    Main Topic
    Lending
    Document Number
    90100876
    Document Focus
    Environmental Information
    Project Number
    20180763
    Sector(s)
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    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.

    Related publications