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Proparco partners with RMBV to support North African mid-market companies
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Proparco has partnered with RMBV to invest in North Africa Fund III (NAF III), which focuses on mid-cap companies in Egypt, Morocco, Algeria, and Tunisia. This initiative marks RMBV’s first fund as an independent manager.
NAF III is designed to drive long-term growth in sectors such as healthcare, education, financial services, and consumer staples, targeting businesses that can capitalize on North Africa’s evolving consumer landscape and economic transformation.
RMBV’s investment approach aligns closely with Proparco’s commitment to promoting sustainable development and fostering inclusive economic growth. Through this collaboration, RMBV will provide co-investment opportunities for Proparco, strengthening their shared objective of advancing sound business practices, enabling sustainable economic progress, and delivering transformative outcomes across North Africa.