The International Finance Corporation (IFC) has revealed it is considering an equity investment of up to $15 million into the SPE Africa Industrialisation Fund I (SPE AIF I), managed by SPE Capital Partners.

The fund is targeting $200 million of commitments to pursue growth capital investments in small to mid-cap companies in North Africa.   

The fund’s investment activities will focus on Morocco, Tunisia, Egypt and opportunistically in sub-Saharan Afri...