PROJECT

Projects

Summary of Investment Information

Project Number

43315

Company Name

SPE AIF I, LP

Date SPI Disclosed

Feb 24, 2020

Country

North Africa and Horn of Africa Region

Region

Africa

Projected Board Date

Mar 25, 2020

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2023

Department

CDFPE - Disruptive Technologies and Funds/Private Equity Funds

Industry

Funds

Previous Events

Approved : Mar 25, 2020
Signed : Mar 31, 2020
Invested : Sep 1, 2020

Sector

Growth Equity Fund

Project Description

IFC proposes an equity investment of up to US$20 million into SPE AIF I L.P (the Fund), alongside a US$20 million co-investment envelope. The Fund is targeting US$200 million of commitments to pursue growth capital investments in small to mid-cap companies in North Africa.                                                         

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation