British International Investment

AfricInvest Fund IV

AfricaCote d'IvoireKenyaMoroccoNigeriaAfricaNorth AfricaWest AfricaBusiness and consumer servicesFinancial servicesFood and agricultureTechnology and telecoms

AfricInvest Fund IV is a generalist pan-African fund aiming to foster the growth of African enterprises across the continent. It will invest in mid-cap and growth-oriented companies in sectors including financial services, agribusiness, logistics, manufacturing, healthcare, and education.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $50m Business and consumer services, Financial services, Food and agriculture, Technology and telecoms June 2020 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
AutoXpress International Limited Kenya East Africa Business and consumer services April 2022 Active
Banque Atlantique (ABI) Cote d'Ivoire West Africa Financial services March 2023 Active
CMGP – CAS Morocco North Africa Food and agriculture June 2021 Active
Fidelity Bank Plc Nigeria West Africa Financial services October 2020 Active
I&M Holdings Kenya East Africa Financial services May 2024 Active
ISON Infotel Limited Africa, Ghana, Nigeria Africa, West Africa Technology and telecoms October 2023 Active
Justrite Nigeria West Africa Business and consumer services December 2022 Active
Netis Holdings Africa Africa Technology and telecoms December 2023 Active

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