Middle East and North Africa-focused private equity fund manager EuroMena has reached a final close for EuroMena III with US$150 million in capital commitments. Investors include development finance institutions European Investment Bank, CDC, DEG, Proparco and International Finance Corporation. CDC committed US$20 million. The fund will extend EuroMena's geographic focus to Sub-Saharan Africa, while continuing the firm's existing investment strategy in MENA.