Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20210154
    Release date: 17 March 2021

    Promoter – Financial Intermediary

    SPECIAL PURPOSE ENTITY(IES)/FUND

    Location

    Description

    Equity participation of up to USD 15 million in Ezdehar Fund II (the "Fund") - a generalist, closed-ended private equity fund targeting primarily investments in Egyptian small and medium-sized enterprises (SMEs).

    Objectives

    The fund will aim to invest in a diversified portfolio of small and mid-sized companies seeking to grow their activities. The fund manager will proactively support the corporate and operational development of the underlying investee companies.

    Sector(s)

    • Services - Financial and insurance activities

    Proposed EIB finance (Approximate amount)

    USD 22 million (EUR 19 million)

    Total cost (Approximate amount)

    USD 150 million (EUR 126 million)

    Environmental aspects

    The fund will operate in line with the ElB's environmental and social standards.

    Procurement

    N/A

    Status

    Approved - 22/06/2021

    Disclaimer

    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).

    Related tags

    Mediterranean Countries Services