EU-AFRICA ADENIA ENTREPRENEURIAL GROWTH FUND

Ort

• Regionalvorhaben - Afrika

Beschreibung

This operation supports the growth of companies in Africa with strong commercial links with Europe, operating in sectors aligned with the EU-Africa Global Gateway Investment Package and the EU priorities in the Southern Neighbourhood and Sub-Saharan Africa. As the EU Bank, the EIB will lead the Team Europe effort to catalyse both private and public sector investors with 80% of the total commitments to the new fund expected to come from EU investors.

Additionality and Impact

This operation will contribute to: (i) EU trade & sustainable development in Africa, including in the Southern Neighbourhood, (ii) a Team Europe initiative with EIB leading the effort among the EU DFls, and (iii) the Bank's financing for gender equality target. EIB's backing strengthens the Fund's credibility, investment appeal, and private sector impact across Africa. 

 

This operation aligns closely with the EU-Africa Global Gateway Investment Package by supporting key priorities such as accelerating digital transformation, sustainable growth, and decent job creation, strengthening health systems, and improving education and training across Africa. The Fund's investments will focus on working with local entrepreneurs to provide solutions across digital, healthcare, education/training, and transport sectors. The Fund's emphasis on transitioning small and family-owned businesses directly supports the Global Gateway's goal of creating resilient and diversified economies. 

 

This operation is expected to contribute to the private sector development across Africa, which plays a key role in creating economic growth, employment, and improved living conditions. Therefore, in the long term, this operation is expected to contribute to restraining irregular immigration. 

 

EIB has over the years contributed to the Fund Manager's professionalization ? including in relation to environmental, social and governance ("ESG") processes and systems. As a result, the Fund Manager places a significant emphasis on sustainability and ESG, seeking to support high-performing companies. This operation will contribute to apply the same high-level standards to companies operating in the Southern Neighbourhood. 

 

The Fund is expected to have a Significant Equality Gender Tag, as it promotes gender strategies across the region. 

 

Lastly, the EIB will be involved in structuring the proposal in line with most recent market standards for international private equity funds. The EIB is expected to negotiate terms that are anticipated to optimise the fund's commercial profile and strengthen alignment of interest.

Ziele

The aim is to support the growth and institutionalisation of private companies in the Southern Neighbourhood and Sub-Saharan Africa, as well as enhance trade between the EU and small and medium-sized enterprises (SMEs) in the region.

Kommentar(e)

N/A

Sektor(en)

• Dienstleistungen - Erbringung von Finanz- und Versicherungsdienstleistungen

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

USD 38 million (EUR 32 million)

Gesamtkosten (voraussichtlicher Betrag)

USD 150 million (EUR 129 million)

Umweltaspekte

The new fund will operate in line with the EIB's Environmental and Social standards.

Auftragsvergabe

The fund is expected to comply with EIB's procurement guidelines.

Projektstatus

Unterzeichnet - 30/10/2025