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Amethis launches MENA Fund III with Morocco as a priority market
via Le Matin2 min read
Amethis has launched its MENA Fund III, a new private equity fund targeting small and medium-sized enterprises SMEs across four markets, with Morocco as a priority. The European Bank for Reconstruction and Development EBRD plans to invest 40 million euros in the fund, which aims for a total size of 200 million euros. The EBRD's participation will represent up to 20% of the fund's target size. The fund will primarily focus on equity and quasi-equity investments in SMEs located in Morocco and Egypt, with selective investments in Tunisia and Jordan. It targets high-potential SMEs with stable business models, strong growth prospects, and those positioned to benefit from Amethis's added value. The objective is to ensure long-term growth in the value of these participations. For the EBRD, this commitment aims to strengthen the region's financial markets by supporting private equity as an alternative financing source and to enhance the competitiveness of portfolio companies through operational improvements. AMF III follows AMF II, which also received support from major development finance institutions, targeting majority and minority investments ranging from 5 to 15 million euros in high-growth SMEs in Morocco, Egypt, Tunisia, and Jordan. Beyond financing, the fund will actively support targeted SMEs in their institutionalization process, help shape and support growth strategies, and provide access to Amethis's commercial networks in Africa and Europe. The launch of MENA Fund III ma
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