Signature(s)
Amount
€ 4,014,387.47
Sector(s)
Services
: € 4,014,387.47
Signature date(s)
25/10/2007 : € 4,014,387.47
Link to source
Data sheet
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Summary sheet
Release date
23 October 2007
Status
Reference
Under appraisal | 25/10/2007
20060099
Project name
Promoter - financial intermediary
AFRICAP II
AfriCap Investment
The Forum Building, 12th Floor
2 Maude St
Sandton 2146
South Africa
To the attention of: Mr. Wagane Diouf, Managing Partner
The Forum Building, 12th Floor
2 Maude St
Sandton 2146
South Africa
To the attention of: Mr. Wagane Diouf, Managing Partner
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 5 million
Not applicable
Location
Sector(s)
Description
Objectives
Equity investment in a regional investment company incorporated in Mauritius dedicated to the creation and acquisition of commercial microfinance companies and banks.
Achieving a commercially acceptable return in the microfinance area and a social return through the deployment of equity or convertible debt to new or promising microfinance companies in Africa.
Environmental aspects
Procurement
Investee companies to meet minimum environmental standards to be specified and monitored by the Manager of the holding company.
Not applicable
Link to source
Summary sheet
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News & Stories
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