Date de publication: 2 octobre 2014
Promoteur – Intermédiaire Financier
SPECIAL PURPOSE ENTITY(IES)/FUNDLieu
Description
The proposed operation concerns participation in Novastar Ventures East Africa Fund L.P., a venture capital fund managed by Novastar Ventures Ltd, based in Nairobi (Kenya). The Fund has a target size of USD 80m and aims to make minority equity and near-equity investments in East African early-stage businesses serving the mass market and with the potential of growing rapidly, notably by widening access, improving quality and/or lowering costs of basic services or goods in East Africa.
Objectifs
Novastar will back early-stage businesses led by entrepreneurs with the aim of transforming low-income consumer markets, deploying innovative business models that satisfy basic human needs and alleviate severe social issues. With the overarching objective of fighting poverty, the Fund's priority sectors will be education, healthcare, small agri-businesses, and access to food, water and critical information.
Commentaires
Secteur(s)
- Services - Activités financières et d'assurance
Montant BEI envisagé (montant approximatif)
EUR 8 million
Coût total (montant approximatif)
EUR 60 million
Aspects environnementaux
The Fund's operational guidelines will provide for environmental and social due diligence of all projects, according to guidelines acceptable to the EIB.
Passation des marchés
The Fund will be required to ensure that implementation of the underlying projects is done in accordance with the EIB Guide to Procurement.
Statut
Signé - 17/12/2014
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).