Africa Investor Intelligence

The African Development Bank (AfDB) supports private equity funds and direct equity investments in African enterprises. It aims to foster economic growth, create jobs, and drive development across the continent. With a substantial portfolio, AfDB plays a crucial role in mobilizing international capital for Africa's private sector.

Africa Infrastructure Fund I K/S

Africa Infrastructure Fund I K/S is the inaugural fund launched by A.P. Moller Capital in 2017. It focuses on creating opportunities through investments in African infrastructure, specifically aiming to support sustainable economic growth and address the continent's need for improved power and transport. The fund held its final closing in 2018 and is no longer open to new investors.

The Emerging Africa Infrastructure Fund (EAIF) is a multi-donor fund managed by Ninety One that mobilizes capital to provide long-term debt financing for essential infrastructure projects across Sub-Saharan Africa. With a 15-year track record, the fund supports the creation, expansion, and improvement of infrastructure, aiming to drive economic growth and reduce poverty. EAIF focuses on commercial-rate returns while de-risking private investments through donor capital.

African Infrastructure Investment Fund 4 focuses on value-add infrastructure assets across Africa, with a strong emphasis on sub-Saharan Africa. The fund targets new and existing assets, aiming to acquire controlling stakes in mature operational assets for further development and optimization. Key sectors include mobility and logistics, power and energy transition (especially renewables), and digital infrastructure.

Africa50

Africa50 is a pan-African infrastructure investor and asset manager established by African governments and the African Development Bank. It aims to bridge Africa's infrastructure funding gap by developing bankable projects and mobilizing public and private sector funding. The institution invests equity and quasi-equity alongside strategic partners across various infrastructure sectors.

African Infrastructure Investment Managers (AIIM) is a private equity infrastructure fund manager focused on long-term institutional unlisted equity investments across the African continent. With offices in South Africa, Nigeria, Kenya, and Cote d'Ivoire, AIIM manages assets totaling USD 3.8 billion. The firm has a track record extending across eight African infrastructure funds.

Modus Africa is a venture capital fund targeting early-stage startups across Sub-Saharan Africa. The fund focuses on businesses utilizing AI and Blockchain technologies, aiming to deliver both financial returns and positive impact. They provide initial investments at the Seed+ stage and offer follow-on funding for portfolio companies demonstrating strong traction.

HoaQ Club is an angel investment collective that pools capital from everyday Africans, including tech operators, creatives, and professionals, to invest in early-stage startups across Africa. Launched in 2020, it aims to make angel investing more accessible by enabling members to co-invest and provide support beyond just capital. The collective focuses on companies that are often overlooked by traditional investors.

HEKS/EPER, a Swiss development organization, launched the Rural Livelihoods Investment Facility (RLIF) in 2021. This facility provides debt financing and technical assistance to small and medium enterprises in Sub-Saharan Africa. The RLIF targets businesses in agriculture and related industries, aiming to generate positive social and environmental impact alongside financial returns.

Segal Family Foundation is an impact investor that supports early to mid-sized social enterprises in Sub-Saharan Africa. They provide flexible debt financing and comprehensive support to help these enterprises scale their operations. Their focus is on businesses with established products or services that are past the initial revenue generation phase and are seeking capital for growth.

Global Social Impact Investments (GSI) is a Spanish impact investment fund manager that specializes in identifying profitable and sustainable companies with positive social and environmental impacts. Founded in 2020, GSI aims to generate attractive returns while promoting the socioeconomic inclusion of vulnerable populations. The firm specifically focuses on investments in companies across Sub-Saharan Africa.

RMB (Rand Merchant Bank) is a financial services group that, through its AlphaCode initiative, invests in early-stage fintech companies. AlphaCode operates incubator and accelerator programs, providing both grant funding and growth capital. While RMB is a broader financial institution, AlphaCode specifically targets fintech innovation in South Africa and the UK.

Ajim Capital is a venture capital firm that invests in pre-seed and seed-stage technology companies building core infrastructure across Sub-Saharan Africa. The firm focuses on adapting proven business models from emerging markets to address Africa's unique opportunities. They provide initial funding and support to founders in various sectors, including fintech, logistics, and AI.

Y Combinator is a highly-regarded accelerator program that has played a significant role in bringing African fintech startups to global investor attention. It offers a 3-month program and Demo Day to help startups raise follow-on capital. YC continuously accepts more African startups, with fintech being a prominent category in its portfolio.

Verdant Frontiers Fintech is a venture capital firm focused on investing in African fintech and fintech-adjacent companies. The firm targets ventures in financial inclusion across savings, lending, investments, insurance, and payments, with a particular interest in B2B software-enabled solutions that integrate fintech. They seek resilient, purpose-driven founding teams with an emphasis on local and female founders.

Accion Venture Lab is an early-stage venture capital firm focused on inclusive fintech. Headquartered in the US, the firm supports innovative startups globally with a significant presence in Africa, aiming to meet the financial needs of underserved populations. It invests seed-first capital and provides strategic support to its portfolio companies. The firm manages over US$475 million in impact assets.

ABAN is the pan-African non-profit association for the Angel investor community, playing a crucial role in early-stage startup development across the continent. It supports and develops Angel investing by providing a platform for collaboration, knowledge sharing, and advocacy among Angel networks and investors in Africa. ABAN's efforts have contributed to the growth of ticket sizes and sophisticated investment approaches within the ecosystem.

Africa Angel Investors Network

Africa Angel Investors Network (AfricaAIN) is a network focused on supporting early-stage, tech-enabled startups across Africa. They provide various pre-seed initiatives, including pitch deck review, a 'Growth Readiness Program,' and connect founders with their angel investor network. AfricaAIN aims to be a catalyst for Africa's startup ecosystem by providing 'love money' and advisory services.

African Business Angel Network (ABAN)

ABAN is a pan-African network organization for angel investors, established in 2015 to drive angel investment across Africa and the diaspora. It supports an emerging sector vital to Africa's early-stage ecosystem by providing human and financial capital to startups through a growing number of angel investor groups, syndicates, and networks. ABAN aims to expand the pool of angel investors, enable the ecosystem, and mobilize capital for African startups.

AfricInvest is a leading private equity investor with over 28 years of experience, committed to investing in growing African small and medium-sized companies. The firm has raised over $2 billion across 21 funds and has invested in more than 200 companies across 35 African countries. It operates with a hands-on monitoring approach, taking significant minority or majority positions to strengthen companies.

British International Investment

British International Investment (BII) is the UK's Development Finance Institution, actively investing in Africa and other emerging markets. BII primarily deploys capital through private equity funds to support businesses that are often too small for direct investment, focusing on growth and impactful development. The institution also engages in direct investments and provides various forms of financing to foster economic growth and improve business practices in its target regions.

The African Development Bank Group is a development finance institution that actively supports the African private equity asset class. It invests in private equity funds and directly in companies across Africa to strengthen economies, create jobs, and drive development. The Bank plays a significant role in mobilizing international capital for the continent.

Helios Investment Partners is an Africa-focused private investment firm with over two decades of experience. The firm applies world-class investment capabilities to generate competitive returns and impact across the continent. Helios manages distinct strategies including Private Equity, Climate, and Digital Ventures.