Boost Africa Investment Program

Boost Africa Investment Program is a co-investment arrangement between the African DevelopmentBank and the European Investment Bank that will make equity investments in seed funds, businessangels co-investment funds, accelerators’ follow-on funds, venture capital funds, etc. that invest ininnovative start-ups and high-growth small and medium enterprises (SMEs).Boost Africa as a broader initiative is, apart from the investment side, also a capacity building andlaboratory vehicle. The capacity building will support funds and incubators and accelerators whoprovide early stage SME pipeline. The Lab will strengthen the entrepreneurship ecosystem and support ‘innovation’ of early stage SMEs.
Status
Active
Start Date
2016
Donor
Funding Instrument
Country
Region
Unique ID
82
Amount in USD (in million)
50.88