CIFA GP Limited
$100,000,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Canada
- Fiscal year
- 2005-2006
- Agreement period
- July 14, 2005 – December 30, 2016
- Reference
- CA-3-A032944001
Published purpose
The Canada Investment Fund for Africa (CIFA) is a Government of Canada initiative created to provide risk capital for investment in Africa; as such, it is an important component of Canada’s contribution to private sector development in Africa. The Government of Canada investment of $100 million has leveraged an additional $160 million for investments in fifteen individual African companies in the oil and gas, mining, consumer goods, financial services, agribusiness, manufacturing, and logistics sectors, as well as two regional equity funds targeting small and medium-sized enterprises (SMEs).
In plain English AI-generated
This record provides $100 million in Canadian government funding to the Canada Investment Fund for Africa, which invests risk capital in private companies and equity funds across Africa to support private sector development.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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