EIB invests in Africa Industrialization Fund to support growth capital investments

EIB invests in Africa Industrialization Fund to support growth capital investments

The European Investment Bank (EIB) has signed a commitment of USD 15 million with the SPE Africa Industrialization I Fund (AIF I), a generalist private equity fund targeting primarily growth capital investments in SMEs and mid-market companies mainly in North Africa, with a focus on Egypt, Morocco and Tunisia. The fund’s first closing reached USD 80 million. (...)