British International Investment

Ninety One Africa Private Equity Fund 2

BotswanaEgyptMoroccoNigeriaSouth AfricaTanzaniaAfricaBusiness and consumer servicesEducationFinancial servicesInfrastructureTechnology and telecoms

The Investec Africa Frontier Private Equity Fund 2 (IAPEF 2) specialises in growth capital and buyout investments in mid-sized companies based in Africa, with a focus on sub-Saharan Africa.

The fund focuses on the consumer sector and aims to take significant minority or controlling shareholding in its portfolio companies.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $40m Business and consumer services, Education, Financial services, Infrastructure, Technology and telecoms April 2014 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
IHS Holding Limited Africa, Nigeria Africa, West Africa Technology and telecoms June 2015 Active
Intelligent Debt Management (IDM) South Africa Southern Africa Financial services July 2015 Exited
Kamoso Botswana Southern Africa Business and consumer services October 2017 Exited
Mobisol GmbH Tanzania East Africa Infrastructure September 2016 Active
Richfield South Africa Southern Africa Education October 2018 Active
SJL Magreb Morocco North Africa Business and consumer services April 2017 Active
Spinneys Retail (Egypt) Egypt North Africa Business and consumer services July 2019 Active
wiGroup South Africa Southern Africa Technology and telecoms August 2015 Exited

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