Nouvelle Mici Embaci (NME)
Africa
Region
133.3
Commitment (MNOK)
Active
Status
Nouvelle Mici Embaci (NME) is a Côte d’ Ivorian based company with headquarters in Abidjan that was founded in 1983. The company initially only produced corrugated paperboard packaging but has over the years also grown into industrial printing and production of polypropylene bags. The company mainly serves the Ivorian market and the majority of customers are fast moving consumer goods companies. Norfund's investment is among other things going towards increasing capacity of recycled paper products.
Key information
- Sector:
- Scalable enterprises
- Commitment (MNOK):
- 133.3
- Year:
- 2023
- Region:
- Africa
- Country:
- Cote D'Ivoire
- Domicile:
- Cote D'Ivoire
- Instrument:
- Equity
- Status:
- Active
- Mandate:
- Development
Additionality NME
This investment is particularly additional on the following ambitions:
- investing in the most capital constrained markets
- investing in risky markets
- investing in sectors with high development needs
- investing in high risk markets
- targeting underserved segments
- mobilising private investors
- taking an active role in investments
- improving social and environmental standards
