We are pleased to announce that the deadline for the Request for Proposals (RFP) for the recruitment of a fund management firm for the Enterprise Financing Facility (EFF) has been extended to Thursday, June 13th.
π About the EFF:
The EFF is a USD 100 million investment facility designed to support the growth of SMEs and startups in Ethiopia. By providing innovative financial products and services, the EFF aims to address the diverse financing needs of these enterprises while accommodating various investor risk profiles.
π Key Objectives:
Establish the EFF as a legal entity and secure the necessary regulatory approvals.
Provide early development and expansion stage financing to innovative startups and high-growth SMEs.
Foster the development of a private capital market in Ethiopia by promoting venture capital and private equity investments.
We’ve updated the Terms of Reference (ToR) which is attached and have created a comprehensive FAQ page (which can be found under negotiation documents) to provide you with all the information you need.
