As stated by the EIB, the project consists of an equity participation into a generalist growth capital fund targeting private enterprises active in Africa.
The aim is to provide equity and quasi-equity to high-growth African enterprises, mainly family-owned businesses, thus contributing to develop the private sector in Africa.
The operation supports a number of sustainable development goals including SDG 8- Decent work and economic growth, SDG 9- Industry, innovation and infrastructure, as well as SDG 5- Gender Equality.
The fund not only aims at generating financial return but also at creating impact, since a share of the fund manager's profit is linked to several impact objectives: healthcare benefits, share of women among professional staff, decarbonisation, management of risks and negative socio-environmental impacts.
Amethis Investment Fund Manager is a fund manager founded in 2012 that focuses on the development of infrastructure in the Africa region.
As stated by the IFC, Amethis Fund III will be managed by a Luxembourg general partner: Amethis Fund III Management S.à.r.l.. The Fund Manager is co-led by Luc Rigouzzo and Laurent Demey.
No project contacts provided at the time of disclosure.
Financial Intermediary - AMETHIS INVESTMENT FUND MANAGER SA:
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