AfricInvest

company

About

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.

  • 101 - 250

Details

Industries
Financial Services
Founded date
Jan 1, 1994
Number Of Employee
101 - 250
Operating Status
Active
Investor Type
PE

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.
Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based in seven offices.

AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.

Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.
Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

Investments

Number of Investments
Number of Lead Investments
3
2
AfricInvest has made 3 investments. Their most recent investment was on Jun 14, 2022, when MFS Africa raised $100M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 14, 2022 MFS Africa
Series C $100M Financial Services
Nov 10, 2021 MFS Africa
Series C $70M Financial Services Yes
May 9, 2019 InstaDeep
Series A $7M Artificial Intelligence Yes