Africinvest

Q: When was Africinvest last fund created?

Africinvest last fund was created/launched in 2022-05-24.

General contacts

Investor type

PE / VC

Founded

1994

AUM

$2 000 M

Location

Tunis, Tunis, Tunisia

Investment Ticket

$10-50 m

Investment Stage

Series B

Region of investment

Africa Asia

Investor profile last updated: 27 August, 2026

Profile

AfricInvest was founded in the early 1990s, an investment and financial services company.
Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on Africa, and employs more than 90 professionals in eleven offices .

AfricInvest raised USD 1.9 bn across 21 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.

Having co-founded the African Venture Capital Association (AVCA) as well as the Emerging Markets GPCA (Former EMPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.
Since the beginning, AfricInvest has invested in more than 180 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high-quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education, and healthcare.

Industry

Agriculture Construction Consumer Services (B2C) Education Financial Services Other Retail Fintech Healthcare Services SaaS Security Software Transportation Travel HealthTech Media and Entertainment Real Estate

Africinvest Funds

Name	Type	Industry	Stage	Region	Size	AUM	Launch date
Maghreb Private Equity Fund IV	Private Equity (PE)	Education Financial Services Fintech Healthcare Services SaaS Security Software Transportation Travel HealthTech	Series B	Middle East Africa	$5-10 m	$200 M	December 2018
Financial Inclusion Vehicle (FIVE)	Fund of funds	Education Financial Services Fintech Media and Entertainment SaaS Security Software Transportation Travel	Seed Series A Series B	Middle East Africa	$5-10 m	$70 M	January 2019
AfricInvest Fund IV	Private Equity (PE)	Financial Services Fintech Media and Entertainment Real Estate SaaS Security Software Transportation	Series B	Middle East Africa	$5-10 m	$411 M	May 2022

Contacts

Name

Title

Social Networks

Khaled Benjennet Partner

Partner

k•••@•••

Brahim El Jai Senior Partner

Senior Partner

b•••@•••

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Investment-team contacts for Africinvest — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Africinvest

Is Africinvest a venture capital or private equity firm?

Africinvest is a venture capital and private equity firm. It backs companies at Series B, writing tickets of $10-50 m.

Where is Africinvest located?

Africinvest is located in Tunis, Tunis, Tunisia.

When was Africinvest founded?

Africinvest was founded in 1994.

What sectors and industries does Africinvest invest in?

Africinvest invests in companies and startups in Agriculture, Construction, Consumer Services (B2C), Education, Financial Services, Other, Retail, Fintech, Healthcare Services, SaaS, Security, Software, Transportation, Travel, HealthTech, Media and Entertainment, Real Estate.

What is Africinvest geographical focus of investments?

Africinvest invests in companies and startups in Africa, Asia.

At what stages of companies and startups does Africinvest typically invest in?

Africinvest invests in companies and startups at Series B.

What is the usual amount of Africinvest investment?

Africinvest usually invests $10-50 m on average.

What is the amount of assets of under management (AUM) for Africinvest?

Africinvest has around $2 000m assets under management.

When was Africinvest last fund created?

Africinvest last fund was created/launched in 2022-05-24

What are the contacts of Africinvest?

Africinvest can be reached through its website africinvest.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Africinvest — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access Africinvest data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Africinvest directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Africinvest profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 27 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.