PROJECT

Projects

Summary of Investment Information

Project Number

45032

Company Name

ALTERRA AFRICA ACCELERATOR FUND L.P.

Date SPI Disclosed

Feb 4, 2022

Country

Africa Region

Region

Africa

Projected Board Date

Mar 31, 2022

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 15, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Feb 6, 2023
Signed : Sep 29, 2023
Invested : Dec 13, 2023

Sector

Growth Equity Fund

Project Description

  The proposed project is an investment in Alterra Africa Accelerator Fund L.P., a Mauritian limited partnership (Alterra” or “Fund”), which will invest in equity and equity-linked instruments in companies across Africa. The Fund will invest in companies in telecommunications, technology, financial services, consumer products & services and infrastructure & logistics sectors.                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation