Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Africa
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Netherlands Development Finance Company (FMO)
Status: Active
Bank Risk Rating: U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2017-08-31
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Evolia Limited
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Industry and Trade
  • Infrastructure
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 0.05 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Currency conversion note:
Bank reported EUR 0.04 MLN
Converted using 2017-10-21 exchange rate.

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Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-10-21
EVOLIA LIMITED
FMO-52249

Project Description
Created in 2006, Evolia limited is an affiliate of Tuninvest Finance Group and is the management company of the Maghreb Private Equity Fund II To create a Resource Efficiency facility with Evolia that will include Training for its staff and scans for 3 of their investees. This facility is a pilot for an approach which may be rolled out to other fund managers if demonstrated to be effective.
Investment Description
Bank Documents