million U.S. dedicated to the financing of Gabonese SMEs
The FGIS is mandated to invest in Gabonese SMEs which show particularly promising potential or strategic interest for the State. The Fund acts notably through its portfolio company Okoumé Capital, which aims to bring out or consolidate national champions.
Okoumé Capital is a $36 million U.S. private equity fund dedicated to supporting entrepreneurship through the financing of SMEs and startups with strong growth potential on a national and international scale.
Okoumé Capital’s mission is to create and develop a fabric of competitive, innovative, profitable, job-creating SMEs that are characterized by an increase in market share both on the local and international markets.
To strengthen its action in the service of financing the economy, Okoumé Capital has set up the ‘Société Gabonaise de Garantie’, which is set to intervene directly with banks to offer guaranteed loans to entrepreneurs.