EIB eyes $85 million investment in Admaius Capital’s $500 million Virunga Africa Fund II

The European Investment Bank (EIB) has disclosed plans to invest $85 million (€76 million) in the Virunga Africa Fund II, a pan-African private equity investment vehicle targeting a total fund size of $500 million. The fund is managed by Admaius Capital Partners , an investment firm focused on identifying and supporting high-growth businesses across African markets. The proposed investment represents a significant potential commitment by the EIB towards strengthening private sector development,