PROJECT

Projects

Summary of Investment Information

Project Number

34823

Company Name

ABRAAJ NORTH AFRICA FUND II LP

Date SPI Disclosed

Jun 13, 2014

Country

Middle East, Pakistan, and Afg Region

Region

Middle East

Projected Board Date

Jul 15, 2014

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 13, 2022

Department

Equity Portfolio Management

Industry

Metals and Mining

Previous Events

Approved : Aug 7, 2014
Signed : Sep 14, 2014
Invested : Sep 25, 2014

Sector

Private Equity/Venture Cap Fund - Regional

Project Description

The proposed project consists of an equity investment of up to US$20 million in Abraaj North Africa Fund II, L.P. (the “Fund”). The Fund is a closed-end private equity fund which will make investments in mid-sized private companies in Algeria, Egypt, Morocco, and Tunisia with a target Fund size of US$300 million.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation