DEG is investing EUR 13 million in Amethis Fund III, continuing its long-standing partnership with Amethis. The fund focuses on North and Sub-Saharan Africa, supporting mid-sized companies across key sectors such as healthcare, FMCG, manufacturing, business services, financial services, and infrastructure-related industries.
Amethis Fund III stands out with a strong commitment to impact: 20% of its carried interest are linked to impact objectives — if these are not met to a certain degree, the amount is redirected to associations working on these impact topics.
The fund also aligns with the 2X Challenge, implementing concrete measures to promote Gender Equality. Its Carbon Reduction targets help reinforcing Amethis’ contribution to sustainable economic growth in the region.
Beyond financing, DEG supports Amethis through Business Support Services (BSS) by DEG Impulse, helping strengthen ESG risk management, ISO accreditation, and carbon footprint assessments at portfolio companies. As a trusted partner, DEG has previously co-invested with Amethis and was an investor in its predecessor fund, Amethis II.