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Aureos West Africa Fund

Aureos West Africa Fund invests in small- and medium-sized enterprises in West Africa, with a particular focus on Nigeria, Ghana and Senegal. The fund has a total capital of NOK 290 million. Other investors include Britain’s CDC, the European Investment Bank (EIB) and two local commercial banks in Nigeria. Over all, the fund has succeeded extremely well in enhancing the profitability of the enterprises in which it has invested, and has thereby produced significant development effects. At the same time, the fund has established a basis for attracting new investors to Africa, which in turn will further strengthen the development effects.


  • Company: Aureos West Africa Fund
  • Sector: Investment fund
  • Investment year: 2003
  • Instrument: Fund
  • Committed amount (MNOK): 20.8