Moroccan Infrastructure Fund

Promoter – Financial Intermediary

Attijari Invest, the private equity subsidiary of Attijariwafa bank, Morocco’s largest bank, and EMP Africa, which has Emerging Capital Partners as General Partner and EMP Global, the world’s largest private equity firm investing in ermerging markets with seven funds holding around USD 5.7billion, as Limited Partner.

Location

• Morocco

Description

Participation in the setting up of a private equity fund focused on infrastructure investments, either in new projects or in the improvement/extension of existing projects or companies.

Objectives

The project will improve major areas of infrastructure in Morocco. Infrastructure development is seen as a key factor for the overall improvement of the competitiveness of Morocco’s economy.

Comments

Infrastructure projects and companies in Morocco in areas such as energy, water, waste management, airports, ports and logistics.

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

Up to the lower of: EUR 10 million, or 25% of fund size.

Total cost (Approximate amount)

MAD 1 billion (EUR 91 million) target fund size.

Environmental aspects

The fund will only invest in companies that comply with the environmental standards required by the EIB.

Procurement

Not applicable.

Status

Signed - 14/12/2006