SCHULZE GLOBAL ETHIOPIA GROWTH ANDStatus: Approved investment
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Who is our customer
Schulze Global Ethiopia Growth and Transformation Fund I is the first private equity fund established to focus on investments in Ethiopia. The fund's preferred sectors will include agriculture and agro-processing, manufacturing, real estate, healthcare, education and eco-tourism.
What is our funding objective?
We expect excellent impact on the Ethiopian private equity fund market, in which the fund is a first mover, since risk capital is still scarce in the SME segment. In addition to providing capital, the fund will actively support the growth strategy of the SMEs in which it invests (for example, by playing a role in the companies' boards of directors and supporting management).
Why do we fund this investment?
This fund is a solid opportunity to create impact in a low-income country. We will work confidently with a strong team of investment professionals based in Addis Ababa with local networks, deal experience and deep knowledge of the business and political environment in Ethiopia, backed by a sponsor with a track record in emerging markets private equity bringing the requisite operational support.
- Infrastructure, Manufacturing and Services
- Effective date
- Total FMO financing
- USD 3.44 MLN
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C)