SIFEM - Swiss Investment Fund for Emerging Markets

SIFEM invests in SPE Africa Industrialization Fund (AIF I) to support growth capital for SMEs

The Swiss Investment Fund for Emerging Markets (SIFEM) continues to play a counter-cyclical role in promoting growth and job creation in a region where private investors are still reluctant to invest. SIFEM has committed USD 10 million to the SPE Africa Industrialization Fund I (AIF I), a generalist private equity fund targeting primarily growth capital investments in SMEs and mid-market companies mainly in North Africa, with a focus on Egypt, Morocco and Tunisia, and selectively in the rest of Africa.

The Fund Manager, SPE Capital Partners, makes investments in the healthcare, education, manufacturing and processing, supporting infrastructure and industrial services sectors. 

This investment takes place at a crucial point in time. Following an economic downturn in the wake of the Arab Spring, from which the region continues to recover, North Africa’s economy is now facing the impact of COVID-19. In these challenging times, private equity can help businesses grow in line with ESG international standards, connect companies to new markets, and ultimately create opportunities for the region’s unemployed workforce in the formal economy.

Contact: Simon Denoth, Obviam Communication Manager, SIFEM Head of Public Affairs,, +41 31 310 09 38

SIFEM Portfolio

SPE Capital Partners