VEROD CAPITAL GROWTH FUND III

Promoteur – Intermédiaire Financier

PRIVATE ENTITY(IES)

Lieu

• Régional - Afrique de l'Ouest

Description

The operation consists of an equity participation in a closed-end private equity fund targeting investments in Small and Medium-sized Enterprises (SMEs) active in Anglophone West Africa, i.e. Nigeria, Ghana, Liberia, Sierra Leone and Gambia. The Fund is to be managed by Verod Capital Management and will have a generalist investment approach (i.e. sector agnostic).

Objectifs

This operation will improve competitiveness and access to finance at favourable conditions for SMEs in target countries.

Commentaires

N/A

Secteur(s)

• Services - Activités financières et d'assurance

Montant BEI envisagé (montant approximatif)

USD 14 million (EUR 12 million)

Coût total (montant approximatif)

USD 150 million (EUR 128 million)

Aspects environnementaux

The fund's operational guidelines provide for environmental and social due diligence of investee companies, according to guidelines acceptable to the Bank.

Passation des marchés

Not applicable.

Statut

Signé - 29/03/2019