European LP proposes $40m commitment to Adenia fund

The European Investment Bank (EIB) is proposing an investment of $40 million in Adenia Capital V, a generalist, closed-ended private equity fund focusing on small and medium-sized enterprises (SMEs) in sub-Saharan Africa.

Adenia Capital V is managed by private equity company Adenia Partners and aims to provide equity and quasi-equity support to private companies (SMEs and mid-market companies) active in Africa (with a focus on sub-Saharan Africa).

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