The Fund will invest in a broad range of sectors with a strong focus on manufacturing for export and companies aiming to expand at the regional or continental level. In addition, the Fund will work towards promoting environmental, social and governance best practices in its portfolio companies. Targeted investments will include sectors, such as IT and telecoms, services, health, education, transport and agribusiness.
The Fund is managed by the AfricInvest Group, which was founded in 1994 and currently manages 13 private equity funds across North and Sub-Sahara Africa. The Manager has offices in Tunis, Casablanca, Algiers, Lagos, Abidjan and Nairobi.