Ethos Mezzanine Partners III
In Sub-Saharan Africa, the lack of credit and banking services available to SMEs and mid-market companies are impediments to economic progress and the reduction of poverty in the region. By introducing mezzanine financing options to companies, the Fund will deepen and diversify local capital markets and fill a critical financing gap for growing businesses. Going further, EMP III takes an active investment approach through participation in strategic planning committees and offering guidance on improved corporate governance and meeting international best environmental and social standards. SIFEM’s investment of USD 10m will help enable the Fund to develop successful, sustainable companies and drive local employment in Eastern and Southern Africa.