AEAF invests in small- and medium-sized enterprises in East Africa, with a particular focus on Kenya, Tanzania and Uganda. The fund has a total capital equal to NOK 230 million. Other investors include the British CDC and the Swiss SIFEM. The fund is very active in the development of its investments, and provides management skills, strategy and business development, in addition to improvement of financial management and reporting in the enterprises. The long-term development effects of these efforts include sound and viable enterprises, competence enhancement and transfer, places of employment and economic growth.
Aureos East Africa Fund is today incorporated in the Abraaj Group.
In the video below you can learn more about Norfunds investments in Athi River Steel in Kenya through Aureos/ Abraaj Group.