CMS Luxembourg has assisted DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH on a $20 million commitment to the Regional MSME Investment Fund for Sub-Saharan Africa SA, SICAV – SIF (REGMIFA).
REGMIFA is a Luxembourg-based debt fund with a regional focus on Sub-Saharan Africa, which provides predominantly local currency senior loans to microfinance institutions, local commercial banks and other financial institutions, including fintech companies. The Fund was established in 2010 at the initiative of KfW, acting on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
This investment contributes to DEG´s strategy of supporting micro, small and medium-sized enterprises, as well as underserved households in Sub-Saharan Africa, thereby fostering sustainable employment opportunities and income generation throughout the region.
The scope of CMS's work included comprehensive
transactional, tax and regulatory advice.
The CMS team was led by Julia Bruzzese (Partner - Investment Funds)
and Julie Pelcé (Investment Funds) supported by Stamatina
Stylianopoulou (Capital Markets); Alejandro Dominguez and Johen
Djied (Tax).