African Lion II

Promoter – Financial Intermediary

African Lion II
Mr. Mike Brook
Tel: +61 3 9614 3980
Fax: +61 3 9614 8009

Location

• Regional - Africa

Description

Fund for equity investment in early-stage exploration and development projects in the mining sector in Africa.

Objectives

Development of the small-medium scale mining sector in Africa.

Comments

Mining sector.

Sector(s)

• Industry

Proposed EIB finance (Approximate amount)

Up to USD 8 million.

Total cost (Approximate amount)

Up to USD 32 million.

Environmental aspects

Sub-projects to comply with respective national legislation and best international practice. African Lion to ensure environmental analysis according to World Bank guidelines.

Procurement

Not applicable (equity investment in small companies).

Status

Signed - 12/10/2004