British International Investment

AfricInvest III

AfricaCote d'IvoireEgyptGhanaKenyaNigeriaTunisiaWest AfricaAfricaBusiness and consumer servicesEducationFinancial servicesFood and agricultureManufacturingTechnology and telecoms

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 Business and consumer services, Education, Financial services, Food and agriculture, Manufacturing, Technology and telecoms September 2014 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
Azalai Hotels West Africa Africa Business and consumer 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 and agriculture September 2015 Active
International Community Schools Ghana West Africa Education December 2016 Active
ISON Infotel Limited Africa, Ghana, Nigeria Africa, West Africa Technology and telecoms September 2018 Active
Les Centaure Routiers Cote d'Ivoire West Africa Business and consumer services November 2018 Active
One Tech Holding Group Tunisia North Africa Manufacturing December 2015 Exited
Prime Bank Kenya East Africa Financial services December 2018 Active
Salvador Caetano Group Africa Africa Business and consumer services November 2015 Active
Silafrica Plastics and Packaging Intl. Ltd Africa Africa Manufacturing March 2016 Active

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