British International Investment

Regional Education Finance Fund for Africa

AfricaBotswanaBurkina FasoCote d'IvoireGhanaKenyaMaliMauritiusNigeriaSenegalTanzaniaZambiaAfricaConsumer - EducationFinancial services

The Regional Education Finance Fund for Africa was set up by KfW in 2012 with a $27 million investment. The fund provides long-term debt to financial institutions in Africa for on-lending to affordable, private education providers offering primary, secondary and tertiary education as well as for individual school fee loans to parents and students.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m Consumer - Education, Financial services May 2018 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
Access Bank Plc Nigeria West Africa Financial services March 2024 Active
Advans Holding Nigeria West Africa Financial services December 2023 Active
Advans Nigeria Nigeria West Africa Financial services July 2021 Exited
African Microfinance Limited Tanzania East Africa Financial services December 2023 Active
Baobab Mali Mali West Africa Financial services June 2023 Active
Bayport Botswana Botswana Southern Africa Financial services June 2021 Exited
Bayport Botswana Botswana Southern Africa Financial services March 2019 Active
Bayport Ghana Ghana West Africa Financial services July 2018 Active
Bayport Management Limited Mauritius East Africa Financial services December 2022 Active
Bayport Tanzania Tanzania East Africa Financial services June 2022 Exited
Bayport Tanzania Tanzania East Africa Financial services March 2021 Active
EdPartners Limited Kenya East Africa Financial services November 2023 Active
EFC Zambia Zambia Southern Africa Financial services September 2023 Active
ENDA Tamweel Africa, Tunisia Africa, North Africa Financial services March 2020 Active
Family Bank Kenya East Africa Financial services December 2021 Active
Fanikiwa Tanzania Tanzania East Africa Financial services September 2023 Active
Fidelis Finance Burkina Faso West Africa Financial services June 2021 Exited
Fidelis Finance Burkina Faso West Africa Financial services December 2020 Active
Guilgal Democratic Republic of Congo Central Africa Financial services June 2024 Active
Guilgal Democratic Republic of Congo Central Africa Financial services June 2024 Active
Izwe Ghana Ghana West Africa Financial services February 2020 Exited
Izwe Zambia Zambia Southern Africa Financial services June 2023 Active
Letshego Botswana Botswana Southern Africa Financial services December 2020 Active
Letshego Ghana Ghana West Africa Financial services June 2021 Active
Letshego Kenya Limited Kenya East Africa Financial services May 2021 Active
MyCredit Kenya Kenya East Africa Financial services June 2023 Active
PAMECAS Senegal West Africa Financial services October 2023 Active
Select Eswatini Eswatini, Kenya, Lesotho, Malawi, Mauritius, Uganda East Africa, Southern Africa Financial services December 2019 Active
Sterling Bank Plc Nigeria West Africa Financial services March 2022 Active
Sumac Microfinance Bank Kenya East Africa Financial services June 2021 Exited
Victoria Finance Tanzania East Africa Financial services September 2023 Active

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