British International Investment

AfricInvest III

AfricaCote d'IvoireEgyptGhanaKenyaNigeriaTunisiaWest AfricaAfricaCommunications & IT servicesConsumer - EducationConsumer - other servicesFinancial servicesFood & AgricultureManufacturing

AfricInvest Fund III (AF III) is the firm’s third pan-African fund which focuses on small to medium sized enterprises (SMEs). It was launched in 2014 and reached a fund size of €272.7 million at its final close in December 2016.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $32.83m Communications & IT services, Consumer - Education, Consumer - other services, Financial services, Food & Agriculture, Manufacturing September 2014 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
Azalai Hotels West Africa Africa Consumer - other services December 2016 Active
Britam Holdings Africa Africa Financial services April 2018 Active
Carbon Holdings Egypt North Africa Manufacturing January 2018 Active
Elephant Group Ltd Nigeria West Africa Food & Agriculture September 2015 Active
International Community Schools Ghana West Africa Consumer - Education December 2016 Active
ISON Infotel Limited Africa, Ghana, Nigeria Africa, West Africa Communications & IT services September 2018 Active
Les Centaure Routiers Cote d'Ivoire West Africa Manufacturing November 2018 Active
One Tech Holding Group Tunisia North Africa Communications & IT services December 2015 Active
Prime Bank Kenya East Africa Financial services December 2018 Active
Salvador Caetano Group Africa Africa Consumer - other services November 2015 Active
Silafrica Plastics and Packaging Intl. Ltd Africa Africa Manufacturing March 2016 Active

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