AFRICAN DEVELOPMENT PARTNERS III

Projektträger – zwischengeschaltetes Finanzinstitut

SPECIAL PURPOSE ENTITY(IES)/FUND

Ort

• Regionalvorhaben - Afrika

Beschreibung

The project concerns an equity participation in to African Development Partners III, a pan-African, generalist, closed-ended private equity fund advised by Development Partners International.

Ziele

The investment strategy follows the one that has been implemented for two predecessor funds. The fund aims to build a diversified pan-African portfolio of private equity investments in growing and profitable companies with emphasis on those benefiting from Africa's growing middle class. It will seek to take control positions, either through majority stakes or through minority positions with strong minority rights built into contractual agreements. African Development Partners III will seek to ensure management and shareholder alignment of interests through active board participation.

Sektor(en)

• Dienstleistungen - Erbringung von Finanz- und Versicherungsdienstleistungen

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

USD 50 million (EUR 46 million)

Gesamtkosten (voraussichtlicher Betrag)

USD 800 million (EUR 727 million)

Umweltaspekte

The fund will operate in line with the EIB's environmental and social standards.

Auftragsvergabe

N/A

Projektstatus

Unterzeichnet - 29/11/2019