According to bank provided information, the proposed operation consists of an equity participation in Global Ventures II LP (the "Fund"), a venture capital fund investing in small and medium-sized enterprises (SMEs) in the healthtech sector, as well as other growth sectors. The Fund will focus mainly on the Middle East and North Africa (MENA) region and to a lesser extent sub-Saharan Africa.
Global Ventures II will be one of the first funds of its kind in the region primarily focusing on innovative healthtech companies, which is particularly relevant in light of the COVID-19 pandemic. Furthermore, the operation will contribute to increasing access to finance for SMEs and to the creation of skilled jobs.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Global Ventures II LP||Client||-|
*Contact information not provided at the time of disclosure*
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