Original disclosure @ FMO website
Updated in EWS Mar 17, 2023
Disclosed by Bank Apr 21, 2022
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According to the FMO, Partech Africa Fund II intends to focus on early-stage funding, providing EUR1 million to EUR15 million initial tickets to talented African teams that are using tech to address large emerging market opportunities. Partech Africa Fund II is a generalist tech fund with target industries ranging from fintech to online and mobile consumer services, as well as mobility, supply chain services and digitization of the informal economy.
As stated by the EIB, Partech is a global Top-Tier Venture platform with 4 main investment strategies to support tech and digital companies from Seed- to Growth-stages. The Firm has offices in Paris, Berlin, San Francisco and Dakar, and a local presence in New-York, Nairobi and Dubai. In 2017, Partech launched its Africa-focused strategy and closed its First Partech Africa Fund, which was the largest African VC Fund, dedicating capital and resources to the fast-growing tech ecosystem on the continent. Partech Africa is launching the second generation of its Partech Africa Strategy, pursuing its original strategy.
On the company's website, it is stated that Partech is a global investment platform for tech and digital companies, led by ex-entrepreneurs and operators of the industry spread across offices in San Francisco, Paris, Berlin, and Dakar.
No project contacts available at the time of disclosure.
Financial Intemrediary - Partech Partners:
Senegal: 442 Rue de Kaolack, Point E, Dakar
France: 33 Rue du Mail, 75002 Paris
Germany: Schröderstraße 11, 10115 Berlin
USA: 200 California Street, San Francisco CA 94111
Phone: +3 315 365 6553 (France) ; +1 415 788 2929 (USA)
ACCESS TO INFORMATION
As part of FMO's ex-ante disclosure (disclosure of transactions before contracting), you can send requests or questions for additional information to: email@example.com
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW). A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism