European Financing Partners IV

Rest of the World Financial services, Communications and IT Services, Food and agriculture, Manufacturing

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.

:
Cameroon, Kenya, Nigeria, Tanzania
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.

:
Communications and IT Services, Financial services, Food and agriculture, 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

:
December 2010
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.

:
$33.5m
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
Africa Finance Corporation

AFC is an international finance organization established by a treaty between sovereign states.

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Tanzania Africa, East Africa Financial services October 2013 Active
National Microfinance Bank

Microfinance institution based in Tanzania

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Tanzania Africa, East Africa Financial services October 2013 Active
ETG – Export Trading Group

ETG is an African agribusiness with operations in crop buying, warehousing, distribution and merchandising that employs over 7,000 people and reaches hundreds of thousands of small-scale farmers. Founded in 1967, the company owns and manages a vertically-integrated agriculture supply chain with operations in procurement, processing, warehousing, transport, distribution and merchandising.

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Tanzania Africa, East Africa Food and agriculture December 2013 Active
Co-operative Bank of Kenya Limited

The Co-operative Bank is a key player in banking the small and medium enterprises sector in Kenya.

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Kenya Africa, East Africa Financial services May 2014 Active
Sodecoton

Sodecoton is a company created by the Cameroonian Government in 1974 to manage die cotton. It organises the production and marketing of cotton in the country.

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Cameroon Africa, Central Africa Food and agriculture September 2015 Active