European Financing Partners I & II

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

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.

:
Argentina, Kenya, Mozambique, Nigeria, Senegal, South Africa, St Lucia, Tanzania, Uganda, Zambia
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, Health, Infrastructure, Manufacturing, Others
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 2004
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.

:
$26m
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
Guaranty Trust Bank Nigeria Africa, West Africa Financial services December 2004 Active
Digicel International Finance Ltd St Lucia Rest of the World Communications and IT Services January 2005 Active
Zenith Bank Plc Nigeria Africa, West Africa Financial services December 2005 Active
Unigestion Holdings SA Haiti Rest of the World Communications and IT Services June 2006 Active
Copperbelt Energy Corporation Zambia Africa, Southern Africa Others October 2006 Active
Eleme Petro Chemicals Limited Nigeria Africa, West Africa Others March 2007 Active
Precision Air Tanzania Africa, East Africa Manufacturing March 2008 Active
Equity Bank Kenya Africa, East Africa Financial services June 2008 Active
Rabai Power Ltd Kenya Africa, East Africa Infrastructure October 2008 Active
Millicom Tanzania Tanzania Africa, East Africa Communications and IT Services December 2008 Active
Olkaria III Kenya Africa, East Africa Infrastructure March 2009 Active
Maputo Private Hospital SARL Mozambique Africa, Southern Africa Health July 2009 Active