WEST AFRICA EMRGING MARKET GROWTH FUND WAEMGF


Overview

  • Reference: P-Z1-HAA-044
  • Approval date: 13/12/1901
  • Start date: 01/01/2002
  • Appraisal Date: 13/12/1901
  • Status: OngoingOnGo
  • Implementing Agency: PHOENIX CAPITAL MANAGEMENT (PCM)
  • Location: WEST AFRICA COUNTRIES

Description

WAEMF

Project Description WAEMF is a private equity fund which aims at providing financing for leading SMEs companies in West Africa through equity and equity-related investments. The fund will target SMES with strong potential, focusing on companies that require the extra capital to become local or regional champions with an investment range of USD 1 -3.5 million at the lower end of the investment spectrum for private equity. The fund will invest in various sectors: agribusiness, manufacturing, tourism, financial services, IT and Oil and Gas (downstream). The Fund will have a commitment period of 5 years and a term of 10 years from the first closing. The Bank


Benefits

3. JUSTIFICATIONS FOR THE BANK


Key contacts

BABALE Salah - OPSM4


Costs

Finance source Amount