EIB commits to Alta Semper fund
The European Investment Bank has disclosed an equity investment of $38 million in the Alta Semper Fund II.
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The European Investment Bank has disclosed an equity investment of $38 million in the Alta Semper Fund II, managed by Alta Semper.
Alta Semper Fund II will invest in local pharmaceutical and healthcare companies in North Africa (Egypt and Morocco), and to a lesser extent, in sub-Saharan Africa.
The fund has a target size of $150 million.
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