European Investment Bank (HQ)

Sawari Ventures Fund I

Last update: Nov 22, 2018 Last update: Nov 22, 2018

Details

Location:Egypt, Morocco, Tunisia
Egypt, Morocco, Tunisia
Category:Consulting services
Status:Approval
Sectors:Private Sector & Trade, Financial Services & Audit
Contracting authority:
Eligibility:Unknown
Budget: EUR 45,000,000
Date posted: Jun 27, 2018

Attachments 2

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Reference: 20160298 Release date: 26/06/2018 Promoter – Financial Intermediary SPECIAL PURPOSE ENTITY(IES)/FUND Location MED Countries   Description The project consists of an equity participation in Sawari Ventures Fund I, a USD 5
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tender Background

About the Funding Agency

The European Investment Bank (EIB) is the lending arm of the European Union. The EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance.

The EIB works closely with other EU institutions to foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world.

Through EIB Global, set up in 2022 to increase the impact of our development finance, the EIB helps address global challenges and creates growth and opportunity on all continents.

About the Sectors

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms

Financial Services & Audit

Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.


Key areas:
  • Financial services, banking, and insurance
  • Accounting, auditing, and financial reporting
  • Investment, capital markets, and financial inclusion

Locations

Egypt

Egypt has undertaken one of its most ambitious infrastructure investment programs in history, with hundreds of billions of dollars allocated to transport networks, new urban developments, energy and water systems, and industrial zones that underpin economic diversification and regional integration. These investments - including extensive road and rail expansion, smart city initiatives, and major renewable and utility projects - have enhanced Egypt’s position as a logistics and production hub while supporting macroeconomic stability and private sector growth. Public service delivery indices rank the country highly in infrastructure quality among Africa’s economies, though reforms continue to improve the regulatory climate and attract foreign investment.

Nr. of tenders: 13833
Nr. of grants: 3423
Nr. of donors: 717
Nr. of jobs: 53

Morocco

Morocco has positioned infrastructure investment at the centre of its economic strategy, with major projects in transport, renewable energy, logistics and industrial zones reinforcing its role as a regional hub between Europe and Africa. Expansion of high-speed rail, port capacity and solar and wind energy projects has strengthened connectivity and export competitiveness. Continued reforms in public-private partnerships, energy transition policy and industrial development aim to deepen diversification and enhance long-term resilience.

Nr. of tenders: 16702
Nr. of grants: 3482
Nr. of donors: 733
Nr. of jobs: 50
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