Business Partners Madagascar SME Fu

  • Region: Africa
  • Country: Madagascar
  • Sector: Investment funds
  • Year: 2006
  • Domicile: Mauritius
  • Instrument:
  • Commitment (MNOK) as of 31.3.2017: 0
  • Original Commitment (MNOK): 10.3

Business Partners Madagascar SME Fund  focused on small businesses in Madagascar. The performance of the fund was rendered near impossible by the political events in Madagascar since February 2009, resulting in a dismal final IRR of -43%. Norfund’s stake in the fund was 14.12%.

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo