Release date: 27 October 2020
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
Investment fund providing growth and expansion capital to small and medium-sized enterprises (SMEs).
Objectives
BluePeak Private Capital Fund is a generalist-sector fund providing growth capital to SMEs and mid-market companies in Africa. The fund will seek to support companies with experienced management teams, stable market positioning and strong growth potential. The operation will support the development of the private sector by increasing access to finance, reducing unemployment and attracting private and institutional investors to the region.
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
USD 30 million (EUR 25 million)
Total cost (Approximate amount)
USD 200 million (EUR 164 million)
Environmental aspects
The fund will comply with the EIB's Environmental and Social Guidelines.
Procurement
The fund will comply with the EIB's procurement policies.
Status
Signed - 21/05/2021
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).