Release date: 9 April 2014
Promoter – Financial Intermediary
The proposed operation consists of an equity participation in Abraaj North Africa Fund II, a generalist private equity fund targeting expansion capital investments in private companies located in North African countries (Morocco, Algeria, Tunisia and Egypt).
The Fund will seek to take minority or majority stakes in mid-market SMEs with proven business models and the ability to grow into regional leaders.
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 180 million
The Fund will operate in line with EIB requirements.
Signed - 30/06/2014
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).