EBRD Commits Up to €30 Million in Mediterrania Capital Partners’ MC IV Fund to Support Mid-Cap Companies in Africa
The European Bank for Reconstruction and Development (EBRD) is set to invest up to €30 million in Mediterrania Capital Partners’ MC IV fund. This move aims to provide support to mid-cap companies in North and Sub-Saharan Africa. The MC IV fund, with one investment already executed in a Moroccan pharmaceutical company, intends to invest up to €350 million in African businesses, fostering their operational growth and generating financial returns for investors. Mediterrania Capital Partners targets mid-size companies in key development sectors, including education, financial services, healthcare, pharmaceuticals, construction, and consumer staples.
Key Points:
- The European Bank for Reconstruction and Development (EBRD) will invest up to €30 million in Mediterrania Capital Partners’ MC IV fund to support mid-cap companies in North and Sub-Saharan Africa.
- MC IV has already executed one investment in a Moroccan pharmaceutical company and aims to invest up to €350 million in African businesses to enhance their operational potential and deliver financial returns for investors.
- Mediterrania Capital Partners focuses on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries.
- EBRD’s commitment follows previous investments in two of Mediterrania Capital Partners’ funds: Mediterrania Capital II and Mediterrania Capital III.
- Over the past decade, these two funds have invested in 15 African SMEs and mid-size companies, generating aggregated annual revenues of €1.5 billion and employing over 22,000 people.
- Mediterrania Capital Partners adopts a proactive and hands-on approach to implement the growth strategy and lead the ESG processes of portfolio companies, driving superior EBITDA and revenue growth rates while prioritizing responsible and sustainable development.
Analysis: The European Bank for Reconstruction and Development’s investment in Mediterrania Capital Partners’ MC IV fund underscores the commitment to fostering growth and development in the African business landscape. By supporting mid-cap companies in key sectors, this partnership aims to drive economic progress, job creation, and sustainable practices across North and Sub-Saharan Africa.
Background: Mediterrania Capital Partners is a private equity firm that specializes in growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries. The European Bank for Reconstruction and Development (EBRD) is a multilateral bank focused on promoting private sector development and entrepreneurial initiatives in various economies across three continents. EBRD’s investments aim to facilitate business growth, innovation, and financial returns while enhancing the quality of life in its Countries of Operations.