Amethis Mena Fund Raises USD 100 Mn To Finance African SMEs

Amethis Mena Fund II (AMF II), a fund managed by investment fund manager Amethis, has announced fundraising of USD 100.81 Mn for growing small and medium-sized firms (SMEs) in Africa. Amethis’ fundraising aims to finance small and medium-sized enterprises (SMEs) with a strong economic, social and environmental impact. The fund manager will reinvest the funds in SMEs based in Morocco, Egypt, Tunisia, and Jordan.

Amethis Mena Fund II (AMF II) is the second North African investment fund launched by Amethis this year. For this financial mobilization, Amethis has received investments from the European Investment Bank (EIB), Proparco via FISEA+, the European Bank for Reconstruction and Development (EBRD), and the International Finance Corporation (IFC), the World Bank Group’s subsidiary.