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Europe Daily Bulletin No. 9249

24 August 2006
Contents Publication in full By article 27 / 30
GENERAL NEWS / (eu) eu/eib/kenya
USD 5 million stake in new SME fund in Kenya

Brussels, 23/08/2006 (Agence Europe) - The European Investment Bank (EIB) will contribute USD 5 million to the Business Partners International Kenya SME Fund (BPI-K). BPI-K is a Kenyan Limited Partnership that invests in young Kenyan SMEs focusing particularly on small companies and investing between USD50,000 and USD500,000 per company. The fund is co-sponsored by IFC and Business Partners International (BPI), a subsidiary of Business Partners Ltd (BPSA), a South African SME investment...

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