EBRD supports private equity sector in Morocco and Tunisia
European Bank for Research and Development (EBRD) President Sir Suma Chakrabarti signed the EBRD's first investment in a fund in Tunisia and Morocco a €20 million commitment in the Maghreb Private Equity Fund III (MPEF III).
Source : https://www.marocafrik.com/english/EBRD-supports-p...
MPEF III, which has a target size of €200 million, will focus primarily on providing equity, quasi-equity and equity-linked debt financing to SMEs. Typically, these will be well-established, family-owned companies with the potential to scale-up their activities at the regional or international level and achieve long-term capital growth. At first closing in September 2011, €96 million was committed to MPEF III.
The fund is the third Maghreb-focused fund managed by AfricInvest-TunInvest, one of the most established local private equity players in the region. EBRD announced the opening of an office in Morocco which is an EBRD shareholder.
The fund is the third Maghreb-focused fund managed by AfricInvest-TunInvest, one of the most established local private equity players in the region. EBRD announced the opening of an office in Morocco which is an EBRD shareholder.
Source : https://www.marocafrik.com/english/EBRD-supports-p...