AFRICINVEST II PRIVATE EQUITY FUND


Overview

  • Reference: P-Z1-HAA-023
  • Approval date: 13/12/1901
  • Start date: 01/01/2002
  • Appraisal Date: 27/02/2009
  • Status: OngoingOnGo
  • Implementing Agency: AFRICINVEST CAPITAL PARTNERS
  • Location: Multi Country

Description

AfricInvest II is a pan-African, multisector fund with a target capitalization of EUR 150 mn. It is a second-generation fund to AfricInvest I (the latter was launched in 2004, fully invested in 2007). AfricInvest II will focus on mid-sized companies, with revenues between EUR 5 and 60 mn. Target sectors include: financial services/ insurance, manufacturing, agribusiness, tourism, ITC & electronics, and pharmaceuticals. The targeted deal size is EUR 2 to 10 mn.


Key contacts

SYLLA RUMSEY Fatoumata - OPSD4


Costs

Finance source Amount
DeltaEUR 18,037,800
TotalEUR 18,037,800