Banks, funds, and lenders that help access capital in this region.
- Provider
- EIB
- Target
- Scale-up
Abraaj North Africa II, L.P. is a multi-sector private equity fund, sponsored by the Abraaj Group, which will provide growth capital to generalist small and medium sized companies based in Morocco, Algeria, Tunisia and Egypt. The Fund is the successor fund of SGAM Kantara (Fund I) a EUR 115m fund managed by the Abraaj Group, to which the Bank committed EUR 10m in 2006. The fund achieved final closing on 30 July 2015 with USD 375 million commitments.
- Provider
- EIB
- Target
- Scale-up
Amethis MENA Fund II is a Private equity fund with focus on the small cap segment in target markets, mainly Morocco and Egypt. The Fund targets high-potential SMEs with stable business models, strong growth prospects, that are best positioned to benefit from Amethis' value-added, and will actively support them to institutionalize, while shaping and driving growth strategies and providing access to Amethis' commercial networks in Africa and Europe. The strategy is sector-agnostic but looking to invest where the team has experience notably where growth is driven by endogenous factors, including healthcare, education, consumers, manufacturing, business services and technology.
- Provider
- EIB
Foursan Capital Partners II ("FCP II") is a USD 102 million private equity fund with a mandate to invest in promising companies in Jordan and certain Levant and North African countries. FCP II targets a variety of attractive sectors including education, food and beverage, IT, logistics, manufacturing, pharmaceuticals and retail.
- Provider
- EIB
- Target
- Scale-up
The fund targets investments in mid-cap companies with a strong growth potential and a turnover of above €20 million.
- Provider
- EIB
Altermed Maghreb and Altermed Alternative Private Equity Fund ("APEF") are two compartments of the Altermed Fund. Each compartment is managed individually by a dedicated management team affiliated to ACG Management. Altermed Maghreb invests in Morocco, while Altermed APEF invests in Tunisia.
- Provider
- EIB
- Target
- Scale-up
Swicorp Intaj Capital II is a regional fund targeting equity and equity related investments in sectors driven by consumer demand such as consumer goods, retail, media & communications and consumer financial services. In terms of geographic coverage, the fund covers the MENA region including Turkey. Final closing was achieved in September 2012; the fund is currently in divestment period.
- Provider
- EIB
- Target
- Scale-up
Kantara, L.P. is a fund focusing on expansion capital and buyout investments in established companies. The fund targets private companies based in North Africa, including Mediterranean Partner Countries. The fund is managed by the Abraaj Group, a leading investor operating in the growth markets of Asia, Africa, Latin America and the Middle East.
- Provider
- EIB
- Target
- Scale-up
Fons Mediterrània Capital I is a multi-sector investment fund targeting private sector companies located in, or having the majority of their assets and operations/activities in Morocco, Algeria and Tunisia. The fund's promoter is Mediterrània Capital Partners, a subsidiary of Riva y García Financial Group. The assets under management in the fund are around EUR 63million. The final closing took place in 2009.
- Provider
- EIB
- Target
- SMEGrowth
PME Croissance is a Moroccan generalist (all sectors) equity fund that invests in Moroccan small and medium sized enterprises in the development phase and/or in succession transactions, i.e. buy outs motivated by lack of succession of the entrepreneurs. The fund is managed by MarocInvest, a subsidiary of Africinvest-Tuninvest Group. The assets under management in the fund are around MAD 452 million. The final closing took place in 2013.
- Provider
- EIB
- Target
- Scale-up
Following on from the predecessor, Fons Mediterrània Capital II is a private equity fund of a generalist nature, investing exclusively in small and medium sized enterprises in phases of capital expansion and which are based in Morocco, Algeria or Tunisia. The fund's promoter is Mediterrània Capital Partners. The assets under management in the fund are around EUR 118 million. The first closing took place in 2013 and the second one in 2015.
- Provider
- EIB
- Target
- Scale-up
Kula Fund II Ltd is making equity and equity-related investments in small and medium-sized enterprises ('SMEs') located in the Pacific Islands region. Besides providing its investee companies with much needed equity capital for growth and expansion, the Fund will also provide on-going support to strengthen and professionalize its investees with the aim of improving operations and decision-making and attracting other sources of long-term capital. Targeted sectors include agriculture, building, engineering, development, clean energy, energy, water, utilities, healthcare, ICT, telecom & technology and transport.
- Provider
- EIB
- Target
- Scale-up
Capital North Africa Venture Fund is a private equity fund which made equity and equity-related investments in small and medium-sized enterprises (SMEs) located in Morocco. The fund was fully invested by end of 2011. The investments include companies in diversified sectors. The fund is managed by Capital Invest, a fund management company based in Casablanca, Morocco.
- Provider
- EIB
- Target
- SMEScale-up
Averroès Finance ("The Fund") is a fund of funds contributing to the creation of investment funds in the Maghreb and Mashreq countries. The fund is co-managed by CDC PME and PROPARCO, the subsidiary of Agence Française de Développement (AFD). The end of the investment period took place in 2008.
- Provider
- EIB
- Target
- Scale-up
Massinissa is a private equity fund investing in small and medium companies in Morocco. The fund's management company is Almamed, a subsidiary of Alma Capital based in Casablanca. The assets under management in the Massinissa fund are around 48 million euros. The final closing took place in 2010.
- Provider
- EIB
- Target
- Scale-up
The fund focuses on providing growth equity capital to primarily technology and export-oriented companies in Ukraine and Moldova.
- Provider
- EIB
- Target
- SMEScale-upGrowth
SVL-SME Fund (Neev II Fund), the successor fund of Neev I, announced its Initial Closing in June 2021 and seeks to provide growth and capital expansion to SMEs offering solutions for clean energy, electric vehicles, efficient use of raw materials, and water and circular economy projects in the country. The SME space is one of the largest employment generators in India, and has the ability to generate a multiplier effect in terms of increased standards of living, better livelihoods and access to clean energy to large sections of society is tremendously high.
- Provider
- EIB
- Target
- Scale-up
LCP Fund II Coöperatief U.A. ("LCP Fund II") is a growth capital investment fund managed by LCP Fund Manager B.V. and promoted by Lorax Capital Partners ("LCP"), that invests across multiple sectors in Egypt. LCP Fund II held its initial closing in September 2020 and has a target fund size of USD 250 million.
- Provider
- EIB
The Foraois Limited Partnership is a EUR 112m forestry fund established in 2016 and managed by Dasos Capital Oy Ltd. The fund seeks to consolidate and improve forest management of small-scale forest assets across Ireland. The investment will support crucial upgrades of Ireland's forestry infrastructure and strengthen the supply of wood for commercial use.
- Provider
- EIB
The fund aims to provide equity and quasi-equity support to private companies (SMEs) active in Latin America (with a focus on Brazil) and that promote climate action and environmental sustainability. The Fund will support the achievement of the sustainable development goals (SDGs), particularly aiming to limit climate change.
- Provider
- EIB
- Target
- StartupSeedScale-up
Badia Impact Fund is a closed-end venture capital fund, incorporated in the Netherlands. The fund seeks to invest seed, start-up and expansion capital in early and growth stage Technology, Media, and Telecom ("TMT") SMEs located predominantly in Jordan. It is managed by Badia Management Company B.V., a company wholly owned by Accelerator Technology Holdings ("ATH") and incorporated as a limited liability company in the Netherlands.
- Provider
- EIB
- Target
- SeedScale-up
Phenicia Seed Fund is the first Tunisian early stage fund dedicated to Innovation/Tech companies. The fund size is TND 10m and the first closing took place in September 2007. The fund is incorporated as "fonds d'amorçage" under Tunisian law. The fund's objective is to invest in newly created Tunisian innovative companies or in companies younger than 5 years, with a strong growth potential. The investment period elapsed in September 2012.
- Provider
- EIB
- Target
- Scale-up
Maghreb Private Equity Fund II ("MPEF II") is the follow-on fund of MPEF I in which EIB invested in 2000. The private equity fund, managed by Tuninvest-Africinvest Group, made equity and equity-related investments in companies located primarily in North Africa, including Morocco, Algeria, Tunisia and Libya.
- Provider
- EIB
- Target
- StartupScale-up
Silicon Badia is a global venture capital firm with offices in the United States and the Middle East. It has invested in over 80 technology companies in over 15 industries and cities worldwide. Its second regional fund, Badia Impact Squared Fund (BIF2), is a sector-agnostic fund that invests in tech and tech-enabled startups in Egypt, Jordan, Tunisia, Morocco, and Lebanon at the Series A and Series B stages.
- Provider
- EIB
InfraMed Infrastructure - EIB-backed financial intermediary.
- Provider
- EIB
- Target
- Scale-up
Following on from the three predecessors, Capmezzanine II is a multi-sector private equity fund targeting equity and quasi equity investments in small and medium sized enterprises (SMEs) predominately located in Morocco. The fund is managed by the CDG Capital Private Equity, a leader in capital investment in Morocco. The fund reached the first closing in June 2014.
- Provider
- EIB
- Target
- Scale-up
MPEF IV is a 10-year fund managed by AfricInvest. The fund had its first close in February 2018, with capital commitments of EUR 152m from prestigious finance institutions. The fund is aiming to reach over EUR 200m by year-end.
- Provider
- EIB
- Target
- Scale-up
Horus Food and Agribusiness Fund is a private equity fund, specialised in the agribusiness and related sectors (livestock transportation), dedicated to companies located in or with substantial operations in Egypt. The fund's purpose is to improve the competitive position of Egyptian companies active in the agribusiness sector and further develop private equity as an instrument to finance company growth. The fund is managed by EFG-Hermes.
- Provider
- EIB
- Target
- Scale-up
Tuninvest Innovation Sicar is a regional, multi-sector fund managed by Tuninvest-Africinvest Group. The fund focuses on large SMEs with annual sales in the range of EUR 3m to EUR 20m. Its investments include innovative companies (e-business, technical advisory, IT, and specialty chemicals) and the broader knowledge economy.
- Provider
- EIB
- Target
- Scale-up
The Moroccan Infrastructure Fund ("MIF") was established in December 2006, focusing on infrastructure investments, either in new projects or in the improvement/extension of existing projects or companies. The fund was fully invested by end of 2009, with two investments. The fund is managed by Moroccan Infrastructure Management, a joint venture between US-based Emerging Capital Partners and Morocco-based Attijari Invest. Attijari Invest is the private equity arm of Attijariwafa Bank, Morocco's largest bank.
- Provider
- EIB
- Target
- Scale-up
EuroMena I L.P. is a USD 63 million private equity fund incorporated in 2006 with headquarters in Lebanon. Capital Trust Group is the General Partner of the Fund. The investment period ended in 2011. The investments include companies in diverse sectors as for example financial services and the agro-food sector. All companies in which Euromena I invested are located in the Mediterranean region.
- Provider
- EIB
- Target
- DeepTechSeedScale-up
Sawari Ventures is a venture capital firm based in Cairo, investing in knowledge and innovation-based technologies across North Africa. Two inaugural funds (North Africa Fund I and Egypt Fund I) have brought together international and domestic capital from DFIs and regional stakeholders. To date, Sawari Ventures has invested in 19 early and growth-stage companies in Egypt, Tunisia, and Morocco, in sectors including fintech, edtech, healthtech, deeptech, logistics and e-commerce. In addition, it provides a small allocation for seed stage funding, and further contributes to building and strengthening the region's early-stage ecosystem.
- Provider
- EIB
- Target
- Scale-up
AfricInvest is a regional investment fund targeting medium-sized enterprises located in Northern and Sub-Saharan Africa. The EIB is not a shareholder in AfricInvest, but a Silent Partner in AfricInvest North Africa, a partnership set up with the purpose of partially financing AfricInvest's deals in the Mediterranean region. Only investments located in the Maghreb and Egypt are eligible for co-financing by the EIB. The Fund is managed by AfricInvest Group.
- Provider
- EIB
- Target
- StartupSeed
Circulate Capital Ocean Fund I-B fights plastic pollution and climate change by investing in advancing the circular economy. It finances companies across the plastic-recycling and waste-management value chains in South and Southeast Asia delivering financial, environmental and social returns, as well as start-ups globally focused on early-stage disruptive innovation, such as new delivery models, advanced recycling technologies, and innovative materials. The Fund is backed by institutional investors including the European Investment Bank, the International Finance Corporation and Proparco as well as family offices and other private investors and partners with Circulate Capital Ocean Fund I, which is backed by the world's leading corporations, including PepsiCo, Procter & Gamble, Dow, Danone, Chanel, Unilever, The Coca-Cola Company, Chevron Phillips Chemical Company and Mondēlez International.
- Provider
- EIB
- Target
- Scale-up
EuroMena II L.P. is the follow-on fund of Euromena I in which EIB invested in 2006. The fund is a generalist private equity fund based in Beirut, Lebanon, investing throughout the Mediterranean Partner Countries (MPCs). Capital Trust Group is the General Partner of the Fund, which took primarily minority positions in SMEs and mid cap companies. The end of the investment period took place in November 2013.
- Provider
- EIB
- Target
- Scale-up
South Asia Growth Fund II is a growth equity fund managed by GEF Capital Partners, LLC with an objective to generate long-term capital appreciation in companies that seek growth and expansion opportunities along the resource efficiency supply chain, with a focus on clean energy supply chain, energy efficiency technologies and services, efficient use of water resources and environmental products and services, primarily in South Asia.
- Provider
- EIB
- Target
- Scale-up
Capmezzanine is a generalist private equity fund targeting growth capital investments in private sector companies primarily located in Morocco. The fund is managed by the CDG Capital Private Equity, a leader in capital investment in Morocco. The assets under management in the fund are around MAD 350 million. The final closing took place in 2007.