Date de publication: 8 février 2018
Promoteur – Intermédiaire FinancierPRIVATE ENTITY(IES)
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).
This operation will improve competitiveness and access to finance at favourable conditions for SMEs in target countries.
- 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)
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
Signé - 29/03/2019
Clause de non-responsabilité
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).