Release date: 19 October 2010
Promoter – Financial Intermediary
Cauris Capital Partners II
Location
Description
Equity participation in a closed-ended private equity fund targeting Small and Medium-sized Enterprises (“SMEs”) primarily located in the West African Economic Monetary Union (“WAEMU”) region.
Objectives
The Fund will target the SME sector and promote the expansion of local private businesses in a financially underserved market.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 7 million.
Total cost (Approximate amount)
Up to EUR 60 million.
Environmental aspects
The Fund’s operational guidelines provide for environmental and social impact assessment in accordance with the Bank’s policies.
Procurement
Not applicable.
Status
Under appraisal - 16/03/2012
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).