PROJECT

Projects

Summary of Investment Information

Project Number

52836

Company Name

Amethis MENA Fund III S.C.A., SICAV-RAIF

Date SPI Disclosed

Jul 27, 2026

Country

North Africa and Horn of Africa Region

Region

Africa

Projected Board Date

Aug 26, 2026

Environmental Category

FI-2 - Limited

Status

Pending Approval

Last Updated Date

Jul 27, 2026

Department

CPVPE - Equity Portfolio Management/Private Equity Funds

Industry

Funds

Sector

Growth Equity Fund

Project Description

 The proposed project is an equity investment of up to €25 million into Amethis MENA Fund III (AMF III or the Fund), a small-cap generalist private equity (PE) fund targeting to invest in Morocco and Egypt as priority geographies and flexibility for select investments in Tunisia and Jordan, and a €15 million co-investment envelope. The Fund is targeting to raise €200 million to pursue minority and majority ownership stakes in companies across various sectors, including business services, healthcare, manufacturing and distribution, services to infrastructure and energy, and technology.

 

AMF III is a successor to Amethis MENA Fund II, a 2021 vintage fund with €120 million in commitments.    

                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation