PROJECT

Projects

Summary of Investment Information

Project Number

45075

Company Name

ANTLER EAST AFRICA FUND I LP

Date SPI Disclosed

Oct 22, 2021

Country

Kenya

Region

Africa

Projected Board Date

Mar 31, 2021

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Dec 13, 2022

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jun 1, 2020
Signed : Oct 15, 2021
Invested : Oct 28, 2021

Sector

Other Non-Private Equity Fund

Additional Project Attributes

Blended Finance

Project Description

 IFC is considering an investment of up to US$2million in Antler East Africa (“Antler EA” or the “Fund”), a venture builder based out Nairobi which will invest primarily in pre-seed opportunities in East Africa. The fund will be managed by Marie Nielsen and Melalite Ayenew who both have strong operational and entrepreneurial experience. The project?is expected to be supported?by?the Women Entrepreneurs Finance Initiative (“We-Fi”) as described in the Blended Finance Section.                                                                               

Associated Advisory Engagement

 There are no Advisory Services engagements associated with this Project.                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation