Gide advises Seedstars Africa Ventures Investment Management on the structuring of the fund Seedstars Africa Ventures I S.L.P. and on the completion of its first closing with the EIB and the AfDB

Gide has advised Seedstars Africa Ventures Investment Management (Maxime Bouan, Tamim El Zein) on the structuring of the fund Seedstars Africa Ventures I S.L.P.  and on the completion of its first closing with the European Investment Bank (EIB) and the African Development Bank (AfDB).

Seedstars Africa Ventures I S.L.P. is structured as a French limited partnership (société de libre partenariat – SLP) and aims to finance Africa-based companies with a focus on innovative companies, leveraging their expertise in digital technologies to provide access to basic needs such as education, healthcare, and utilities. Seedstars Africa Ventures I S.L.P. promotes environmental and/or social characteristics within the meaning of Article 8 of the Disclosure Regulation (2019/2088) and is open to professional investors.

The Gide team was composed of Benjamin Delaunay, partner, and Antoine Nicolaï, associate, as regards the structuring of the SLP and negotiations with investors; Paul Jourdan-Nayrac, partner, as regards corporate aspects; and Alexandre Bochu, partner, as regards tax matters.