Thursday
May 22
2025

FinDev Canada Commits €20 Million to Amethis Fund III to Support Mid-Sized Enterprises in Sub-Saharan Africa

Canada’s bilateral Development Finance Institution, FinDev Canada, announces a €20 million equity commitment to Amethis Fund III (“the Fund”), a generalist impact fund seeking growth equity investments in 9 to 12 mid-sized scalable enterprises in Sub-Saharan Africa. The Fund has a target size of €400 million and is managed by Amethis Investment Fund Manager SA (“Fund Manager”).

Photo courtesy of Lagos Techie.

Source: FinDev Canada (link opens in a new window)

Categories
Investing
Tags
development finance, employment, gender equality, global development, impact investing, SDGs