Project detail - ADENIA PARTNERS LTD

ADENIA PARTNERS LTD

Status: Approved investment
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In case of questions

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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Adenia Partners Ltd is a private equity firm headquartered in Mauritius and operating throughout the African continent. Adenia Partners manages Adenia Fund III, IV and V which FMO is invested in.

What is our funding objective?

FMO’s funding is used to co-fund a delegated technical assistance facility which will support Adenia Fund IV and V portfolio companies with technical assistance in the areas of climate action, gender equality and ESG.

Why do we fund this investment?

This project is aligned with FMO’s strategy to contribute towards climate action as it supports Adenia’s increased alignment with the Paris goals and increased focus on climate-mitigation in its investments. Furthermore, it also contributes to FMO’s ambition to support reducing inequalities as it contributes to advancing gender equality through increased gender lens investment in Adenia’s portfolio. Lastly, it is aligned with FMO’s aim to promote sustainable E&S practices.

More investments

Date Total FMO financing
8/14/2018 EUR 0.04 MLN
8/3/2017 EUR 0.10 MLN
Region
Africa
Country
Africa
Sector
Infrastructure, Manufacturing and Services
Publication date
12/20/2022
Effective date
12/12/2022
Total FMO financing
EUR 0.20 MLN
Funding
FMO NV