European Financing Partners III

Rest of the World Manufacturing, Infrastructure, Financial services

Established in 2003, European Financing Partners (EFP) is an investment matching facility for European DFIs.

Shareholders include the EIB, CDC, Belgium’s IO, Spain’s Cofides, Germany’s DEG, Finland’s Finnfund, Dutch development bank FMO, Norway’s Norfund, France’s Proparco and Sweden’s Swedfund.

The EFP allows European DFIs to effectively provide joint financing for sustainable development in selected African, Caribbean and Pacific (ACP) private sectors.

EFP has approved financing for 37 private sector enterprises in ACP countries.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Rest of the World
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
Jamaica, Nigeria
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Financial services, Infrastructure, Manufacturing
Website:
https://www.edfi.eu/facility/efp/
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
European Financing Partners
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
May 2009
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$7m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Luxembourg

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Trade Development Bank

The Eastern and Southern Africa Trade and Development Bank - TDB Bank - is a regional development bank headquartered in Burundi. It has offices in Nairobi, Harare, and Ebene. Established in 1985, its aim is to facilitate economic growth, trade and regional integration through its role as a financial intermediary providing trade and project finance in 17 countries across East and Southern Africa. It invests in a range of sectors, including agriculture, trade, industry, infrastructure, energy and tourism and provides a range of financial products and services across both the private and public sectors.

View investment details

Africa, East Africa Financial services March 2010 Active
African Foundries Ltd

African Foundries is a steel mill plant that converts local scrap into steel reinforcing bars.

View investment details

Nigeria Africa, West Africa Manufacturing March 2010 Active
Jamaica Public Services Limited

Jamaica Public Services is a vertically integrated electric utility licensed by the Government of Jamaica to generate, transmit and distribute electricity.

View investment details

Jamaica Rest of the World Infrastructure March 2011 Active