PROJECT

Projects

Summary of Proposed Investment

Project Number

31281

Company Name

IFC MIDDLE EAST AND NORTH AFRICA FUND, LP

Date SPI Disclosed

Sep 9, 2011

Country

Middle East, Pakistan, and Afg Region

Industry

Financial Markets

Projected Board Date

Nov 10, 2011

Status

Active

Sector

Private Equity/Venture Cap Fund - Regional

Date Revised SPI Disclosed

Sep 13, 2011

Department

Disruptive Tech, Service & Funds

Environmental Category

FI

Previous Events

Approved : Nov 17, 2015
Signed : Aug 25, 2015
Invested : Sep 1, 2015

Project Description

As part of IFC’s response to the ongoing challenges in the Middle East and North Africa (“MENA”) region, IFC is proposing to invest in an, to be established, investment vehicle that will mobilize additional capital for co-investment alongside IFC in the MENA region. The objective of the investment vehicle is to provide the long term risk capital needed to alleviate constraints to economic growth, help restore investor confidence and promote job creation throughout the MENA region.

Sponsor / Cost / Location

Development Impact