A second Franco-African fund in the pipeline for AfricInvest
Jeune Afrique Business+ has learned that the pan-African private equity firm is launching a second fund focused on French companies operating on the continent.
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▪ A second Franco-African fund in the pipeline for AfricInvest
▪ Jeune Afrique Business+ has learned that the pan-African private equity firm is launching a second fund focused on French companies operating on the continent.
▪ https://www.africabusinessplus.com/en/805885/africinvest-eng/
“The process has been slightly delayed, but we expect to close before the end of the year,” a source within AfricInvest told us. Despite the Covid crisis, the pan-African investor, managing a portfolio worth some $1.5bn, continues to make progress on its many vehicles. With 18 launched since its creation in 1994, its latest is the Fonds Franco-African (FFA), focused on French SMEs and ETIs with ambitions or activities in Africa.
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