Release date: 26 January 2009
Promoter – Financial Intermediary
Kingdom Zephyr Africa Management Company
Location
Description
Pan-African Investment Partners II (PAIP II) is a target USD 500 m closed-end private equity fund seeking to make investments in established African companies that have the potential to grow into regional or pan-African businesses.
Objectives
Not available.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to USD 40 000 000.
Total cost (Approximate amount)
USD 500 000 000.
Environmental aspects
Environmental analysis accourding to guidelines acceptable to the Bank will be part of the Fund’s due diligence process in the appraisal of investee companies.
Procurement
Not applicable.
Status
Signed - 26/06/2009
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).