Fundo de Investimento Privado - Angola (FIPA)
- FIPA is the 1st Private Equity fund exclusively dedicated to invest in Angola.
- Domiciled in Luxembourg, FIPA assures a sound governance model and compliance with the best international practices.
- Its investment strategy aims at up to USD 8 million of individual investments via equity, or other long term financing instruments, in Small and Medium Enterprises in Angola, including expansion projects, management buyouts, management buy-in, privatizations and startup investments.
- FIPA has USD 39 million of committed capital, a maturity life of 10 years and 2010 as its vintage year. Its investors include Banco Angolano de Investimentos, Norfund, European Investment Bank, Spanish Ministry of Foreign Affairs and Cooperation, Investment Fund for Developing Countries, and Atlantico. FIPA's investors are also invited to co-invest in selected deals.
Banco Angolano de Investimentos || www.bancobai.ao
- Banco Angolano de Investimentos (BAI) was founded in 1996 as the first private bank in Angola. Among the largest Angolan banks, BAI offers a complete portfolio of products and services to individual and corporate customers, including a range of innovative financing solutions to Small and Medium Enterprises with a team of dedicated and expert professionals. BAI is present nationwide through a vast network of branches with local presence accross all Angolan regions as well as internationally through BAI Europa (Portugal), BAI Cabo Verde, and through local partnerships in S. Tomé e Príncipe, South Africa and Brazil.
Norfund || www.norfund.no
- Norfund, the Norwegian Investment Fund for Developing Countries, was created in 1997 and is owned by the Ministry of Foreign Affairs of Norway and serves as an instrument in Norwegian development assistance policy. The fund contributes to poverty reduction and economic development through investments in profitable businesses and transfer of knowledge and technology. Its activities are conducted in accordance with the fundamental principles for Norwegian development cooperation.
European Investment Bank || www.eib.org
- The European Investment Bank (EIB) is the long-term lending institution of the European Union, whose shareholders are the 27 European Union member states, has been active across Africa for over 40 years. EIB activities follow policies and objectives set down by European Union member states and whose Finance Ministers are the EIB’s Governors. EIB loans in Africa concentrate on fostering private sector-led initiatives, including SME and microfinance investments that promote sustainable economic growth and help to reduce poverty. The Bank also supports public sector projects that are critical for private sector development and the creation of a competitive business environment.
Spanish Ministry of Foreign Affairs and Cooperation || www.exteriores.gob.es
- The Office of the Secretary of State for International Cooperation and for Ibero-America of the Spanish Ministry of Foreign Affairs and Cooperation (MAEC) is responsible for the drafting, management, implementation, monitoring and evaluation of foreign policy for Ibero-America, international development cooperation and the coordination of cultural activities abroad including in Africa.
Investment Fund for Developing Countries || www.ifu.dk
- The Danish Investment Fund for Developing Countries (IFU) was founded by law in 1967. The objective of IFU is to promote economic activity in developing countries in collaboration with Danish trade and industry. IFU works to achieve it's objective by investing in companies in such countries in collaboration with Danish strategic partners.
Atlântico || www.atlantico.ao
- Atlântico is committed to being a model company in the Angolan financial market. It aspires to uphold the outmost respect throughout the world for the excellence of its services to its customers, for the creation of wealth to its shareholders, for its consideration towards the life and career of its employees, and for its sense of corporate social responsibility, focused on ensuring sustained economic development as means to create internal wealth.