APIS GROWTH FUND II

Projektträger – zwischengeschaltetes Finanzinstitut

APIS PARTNERS LLP

Ort

• Regionalvorhaben - Afrika

Beschreibung

The proposed operation concerns an equity participation of up to USD 35 million (circa EUR 29.5 million) in the APIS Growth Fund II, a private equity fund planning to make equity and quasi-equity investments in private sector enterprises active in the financial sector and related market infrastructure (payment gateways, switches, payment platforms, etc.) in Africa and Asia.

Ziele

Through a participation in the Fund, the EIB will support the development of an emerging manager in the field of innovative provision of financial services. The fund will provide equity financing to high growth companies active at all levels of the financial services sector, including payments, credit and savings, insurance, technology enablers and service providers and capital markets, ultimately fostering financial inclusion in Africa.

Sektor(en)

• Dienstleistungen - Erbringung von Finanz- und Versicherungsdienstleistungen

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

USD 35 million (EUR 30 million)

Gesamtkosten (voraussichtlicher Betrag)

USD 400 million (EUR 342 million)

Umweltaspekte

The Bank will ensure that the project meets the social and environmental standards of the EIB. Furthermore, the manager has developed a fully integrated Environmental, Social, Governance and Impact (ESGI) management system to assess, manage and monitor ESGI issues at all stages of the investment process.

Auftragsvergabe

N/A

Projektstatus

Unterzeichnet - 21/12/2018