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Support for African SMEs: the EIB invests 15.7 million dollars in the IPAE 3 fund

18/02/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Le fonds IPAE 3 managed by Investors & Partners (I&P) has obtained an investment of 15.7 million dollars from the European Investment Bank (EIB).

The IPAE 3 is a fund managed by Investors & Partners (I&P). It supports high-growth African businesses in key sectors such as agriculture, health, energy, water, and industry. Its vision is to create more than 4,000 direct jobs, of which at least 40% are reserved for women. The fund is part of the 2X challenge, which aims to promote women entrepreneurs. I&P operates in Ivory Coast, Ghana, Senegal, and Madagascar, and also covers Benin and Togo

.

The EIB investment highlights the growing role of development finance in strengthening the private sector in Africa. The EIB expects its investment to generate 4.5 times more capital for financing SMEs in West Africa and Madagascar. IPAE 3 offers structured financing to responsible and innovative companies that tackle major regional problems

.

Il faut noter que la BEI, la Banque ouest-africaine de développement (BOAD

) and Proparco are among the first investors in the fund and aim to attract other public and private investments.
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