According to the bank website, the project consists of an equity participation in Adenia Capital V, a generalist, closed-ended private equity fund focusing on small and medium-sized enterprises (SMEs) in sub-Saharan Africa.
The fund aims to provide equity and quasi-equity support to private companies (SMEs and mid-market companies) active in Africa (with a focus on sub-Saharan Africa). The fund will support the achievement of the sustainable development goals (SDGs), in particular SDG 5 (Gender Equality), SDG 8 (Decent Work and Economic Growth), and SDG 9 (Industry, Innovation and Infrastructure). The fund has a target size of approximately USD 400 million.
No contact information provided at the time of disclosure.
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