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Business Partners Madagascar

Business Partners Madagascar is a venture-capital fund investing in small enterprises in Madagascar. The total capital of the fund constitutes NOK 71 million. Other investors include IFC and the European Investment Bank (EIB). Business Partners is a South African company, and this fund represents its first venture outside South Africa. The fund is based on Business Partners’ established systems and investment criteria, and provides access to venture capital for small entrepreneurs in Madagascar, within a market that offers very limited access to unsecured financing.

Facts

  • Company: Business Partners Madagascar
  • Sector: Investment fund
  • Investment year: 2006
  • Instrument: Fund
  • Committed amount (MNOK): 10.3