SIFEM has committed USD 15 million to ADENIA CAPITAL V L.P. (Adenia), thereby supporting a long-term partner and an expert in African investments who has historically delivered strong results.
SIFEM has committed USD 15 million to ADENIA CAPITAL V L.P. (Adenia), thereby supporting a long-term partner and an expert in African investments who has historically delivered strong results.
Adenia is a pan-African private equity fund that focuses on investing in mid-sized companies. It aims to enhance job quality, promote gender diversity, and adhere to ESG standards and climate goals.
With its commitment, SIFEM, along with other Development Finance Institutions such as IFC, Proparco, FMO, DEG, EIB, Norfund, DFC, and Findev Canada, as well as some private investors, assists the fund in reaching its target investment size of USD 400 million.
As Jörg Frieden steps down after eight years as Chair of SIFEM’s Board of Directors, and Mirjam Staub-Bisang takes up the role, the outgoing and incoming chairs sit down together to reflect on impact, conviction, and the business of putting capital to good use.
As Jörg Frieden steps down after eight years as Chair of SIFEM’s Board of Directors, and Mirjam Staub-Bisang takes up the role, the outgoing and incoming chairs sit down together to reflect on impact, conviction, and the business of putting capital to good use.