Saudi JournalSaudi Journal
  • Home
  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Business

Smart Mobility International opens first WEY Showroom in Dubai and launches the new Plug-in Hybrid WEY 03

…

Business

PRYPCO Mint’s latest Tokenized Property fully funded by highest number of investors to date

…

E& and Dubai Healthcare City Authority join forces to power hospitals and clinics

KPMG in Qatar welcomes class of 2025: Building the next generation of business leaders

Facebook Twitter Instagram Pinterest
Latest posts:
  • Smart Mobility International opens first WEY Showroom in Dubai and launches the new Plug-in Hybrid WEY 03
  • PRYPCO Mint’s latest Tokenized Property fully funded by highest number of investors to date
  • E& and Dubai Healthcare City Authority join forces to power hospitals and clinics
  • KPMG in Qatar welcomes class of 2025: Building the next generation of business leaders
  • Al Baraka Bank Egypt signs two landmark agreements with ICIEC worth $100mln
  • DANAT opens registration for Gem-A Foundation and Diploma programs
  • E& and 4iG Group partner to advance cross-regional digital infrastructure
  • EDGE signs agreements with Hungary’s 4iG SDT to localise defence solutions for European and African markets
Facebook Twitter Instagram Pinterest
Saudi JournalSaudi Journal
  • Home

    Smart Mobility International opens first WEY Showroom in Dubai and launches the new Plug-in Hybrid WEY 03

    PRYPCO Mint’s latest Tokenized Property fully funded by highest number of investors to date

    E& and Dubai Healthcare City Authority join forces to power hospitals and clinics

    KPMG in Qatar welcomes class of 2025: Building the next generation of business leaders

    Al Baraka Bank Egypt signs two landmark agreements with ICIEC worth $100mln

  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Saudi JournalSaudi Journal
Home » EBRD Commits US$ 40 Million To SPE PEF III
Business

EBRD Commits US$ 40 Million To SPE PEF III

Facebook Twitter Pinterest LinkedIn WhatsApp
Share
Facebook Twitter LinkedIn Pinterest WhatsApp

The European Bank for Reconstruction and Development (EBRD) is committing up to US$ 40 million to SPE PEF III (PEF III), the new fund raised by SPE Capital, to support mid-cap companies in Egypt, Morocco and Tunisia.

PEF III will seek to generate long-term capital gains from equity and equity-related investments in companies in these three North African countries, with the flexibility to also invest in selected countries in sub-Saharan Africa.

Through this investment, the EBRD aims to contribute to the resilience of financial markets and increase the competitiveness of local enterprises by sustaining private equity as an alternative source of funding in North Africa. The investment will broaden the sources of capital to finance the growth of enterprises. The fund will aim to invest in eight to twelve companies, in sectors resilient to market shocks and with high growth potential, such as manufacturing, production and processing of goods, business services, healthcare services, pharmaceuticals and private educational services.

SPE Capital is a prominent fund manager operating in Africa, able to deploy around US$ 500 million, including co-investments in more than 15 companies across the continent. This new EBRD investment follows the first made with SPE Capital, back in 2019-20, when the EBRD invested in SPE AIF I (AIF I) fund, the predecessor to PEF III. To date, through AIF I, SPE Capital has invested in nine companies across a broad range of sectors including healthcare, education, fast-moving consumer goods and food processing.

Anne Fossemalle, EBRD Director for Private Equity Funds investment, said: “We are excited to support SPE Capital, a key strategic partner to the EBRD in the southern and eastern Mediterranean region, in their next phase of development, through our investment in PEF III. SPE Capital will leverage their established presence in regional offices in Tunis, Casablanca, Cairo and Abidjan to support African firms in reaching their full operational potential, deliver successful financial returns to investors and improve quality of life on the continent.”

Nabil Triki, Managing Partner and CEO of SPE Capital, said: “We are grateful for the unwavering support of the EBRD, which has been instrumental to the private equity funds we manage and the development of our firm more generally. Such commitment not only empowers us to generate substantial returns for our investors but also drives positive and lasting impact in the markets we invest in. Together, we are fostering sustainable growth and development that benefits communities and economies alike. This partnership underscores our shared vision of driving the development of resilient, high-growth companies in North Africa and beyond.”

SPE Capital takes a hands-on approach to implementing sustainable growth strategies and environmental, social and governance processes across all of its investments, as well as promoting gender equality. This enables its portfolio companies to deliver higher-than-average revenue growth rates and earnings before interest, tax, depreciation and amortisation (EBITDA) and to promote responsible development.

Since 2012, the EBRD has invested more than €19 billion in 356 projects in Egypt, Morocco and Tunisia, across various sectors of these economies.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp

Related Posts

Business

Smart Mobility International opens first WEY Showroom in Dubai and launches the new Plug-in Hybrid WEY 03

Business

PRYPCO Mint’s latest Tokenized Property fully funded by highest number of investors to date

Business

E& and Dubai Healthcare City Authority join forces to power hospitals and clinics

Business

KPMG in Qatar welcomes class of 2025: Building the next generation of business leaders

Business

Al Baraka Bank Egypt signs two landmark agreements with ICIEC worth $100mln

Business

DANAT opens registration for Gem-A Foundation and Diploma programs

Business

E& and 4iG Group partner to advance cross-regional digital infrastructure

Business

EDGE signs agreements with Hungary’s 4iG SDT to localise defence solutions for European and African markets

Stay In Touch
  • Facebook
  • Twitter
Business

Smart Mobility International opens first WEY Showroom in Dubai and launches the new Plug-in Hybrid WEY 03

Dubai, Smart Mobility International (SMI) is the UAEs first specialist distributor of Premium Chinese electric…

PRYPCO Mint’s latest Tokenized Property fully funded by highest number of investors to date

E& and Dubai Healthcare City Authority join forces to power hospitals and clinics

KPMG in Qatar welcomes class of 2025: Building the next generation of business leaders

Al Baraka Bank Egypt signs two landmark agreements with ICIEC worth $100mln

Smart Mobility International opens first WEY Showroom in Dubai and launches the new Plug-in Hybrid WEY 03

PRYPCO Mint’s latest Tokenized Property fully funded by highest number of investors to date

E& and Dubai Healthcare City Authority join forces to power hospitals and clinics

KPMG in Qatar welcomes class of 2025: Building the next generation of business leaders

Al Baraka Bank Egypt signs two landmark agreements with ICIEC worth $100mln

Stay informed with Saudi Journal, your trusted source for comprehensive coverage of news, events, and insights from Saudi Arabia and beyond. Explore diverse perspectives, stay updated, and engage with the latest stories shaping our world. Experience news like never before with Saudi Journal.

Facebook Twitter
Categories
  • Business (402)
  • Life (124)
  • Saudi Arabia (80)
  • Technology (75)
  • Uncategorized (1)
  • World (56)
    • Africa (11)
    • Asia (25)
    • Europe (5)
    • US (3)
Our Picks
Life

Immerse in the Spirit of Ramadan at Four Seasons Hotel Riyadh

Life

Dxberience Introduces Premium Luxury Concierge Services Across the UAE

World

Dubai Electricity and Water Authority PJSC shareholders approve payment of AED 3.1 billion in dividends

© 2025 Saudi Journal.
  • Home
  • Saudi Arabia
  • Business
  • Technology
  • Life
  • English
  • العربية

Type above and press Enter to search. Press Esc to cancel.