Tunisia-founded pan-African PE fund with $2B+ AUM across 30 countries
AfricInvest is a pan-African private equity and venture capital group founded in Tunisia, managing $2B+ across 12 funds. One of the few pan-African funds with deep North Africa coverage. Has backed 200+ companies across 30+ African countries. Invests at growth and buyout stages with particular strength in financial services, healthcare, and education.
Use when
You're a growth-stage African company, particularly in North Africa, seeking institutional private equity from a fund with the widest geographic coverage on the continent.
Skip when
You are early-stage and approach the midcap side. A €5 million minimum is a different conversation from a seed round, and the name covers both.
Status (24 Sep 2026): one of the largest managers on the continent, with about US$2 billion raised across 21 funds, 135 companies in 25 African countries and more than 90 staff across eleven offices. Its midcap funds write tickets of roughly €5 million to €15 million in health, education, energy and financial services. It also appears among the most active investors at venture stage, so the venture and midcap arms behave very differently; confirm which vehicle you are talking to.
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