Date de publication: 2 août 2018
Promoteur – Intermédiaire Financier
TUNINVEST FINANCE GROUP SALieu
Description
The project consists of an equity participation in a EUR 120m venture capital fund focusing on innovative high-growth African small and medium-sized enterprises (SMEs), active in various sectors.
Objectifs
The proposed operation concerns a participation in the AfricInvest Growth Venture Capital Fund, a closed-end venture capital fund with a target size of EUR 120m. The fund will be set up to make privately-negotiated equity and quasi-equity investments to support growing innovative companies in Africa with a predominant focus on Sub-Saharan Africa. The Fund will pursue a pan-African, multi-sector strategy, investing and developing post-revenue innovative ventures that are scaling their activities and international ventures that are developing in Africa. The fund manager will seek to create value through a hands-on monitoring approach. The team will be driving value creation within investee companies and enhancing enterprise skills, fostering the adoption of innovation through the use of technology and implementing good governance as well as best practices as per environmental and social standards.
Secteur(s)
- Services - Activités financières et d'assurance
Montant BEI envisagé (montant approximatif)
EUR 15 million
Coût total (montant approximatif)
EUR 120 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
À l'examen - 6/07/2018
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).