The IFC has revealed an investment of up to $20 million into the SPE AIF I private equity fund, managed by SPE Capital.

The fund will focus mainly on Egypt, Morocco and Tunisia, where access to equity is especially constrained because of the macro-economic and political challenges.

Nabil Triki, managing partner and CEO of SPE Capital said, “With IFC’s support, we hope to not only provide growth capital, but also industry and value-creation expertise. There is gro...