AfricInvest Financial Inclusion Vehicle LLC

  • Active: Active
  • Region: Africa
  • Country: Regional
  • Sector: Banking
  • Year: 2018
  • Domicile: Mauritius
  • Instrument: Equity
  • Commitment (MNOK) as of 31.12.2018: 197.5
  • Original Commitment (MNOK): 197.5

AfricInvest Financial Inclusion Vehicle (FIVE) is a company targeting equity investments in Tier II and Tier III financial institutions in Africa. It is established and will be managed by AfricInvest, one of the leading private equity players in Africa. FIVE has by the second closing in September 2018 raised EUR 61 million and in addition has received conditional commitments of another EUR 10 million each from FMO and Norfund. FIVE is seeking to raise EUR 120 million, with a long term goal of raising a total of EUR 200 million. The company is structured as an Evergreen.

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

Subscribe to our newsletter