AfricInvest II


AfricInvest II LLC is a private equity fund managed by AfricInvest Capital Partners (“ACP”), an affiliate of Tuninvest Finance Group ('Tuninvest'), focusing on growth and expansion of small and medium-sized enterprises (SME) in primarily Sub-Saharan West and East Africa.

The fund focuses on enterprises that are well-established and have developed brands, products, distribution channels and good customer bases in their local markets.

BIO has committed EUR 6 million in equity in 2008.

Development impact:

  • Local economic growth: access to long-term financing for SMEs

In 2011, BIO also subsidized a technical assistance project of € 150.000.


  • Investment amount (€):

    € 6 M

    Registered offices: Mauritius Beneficiary countries: Burkina Faso, Cameroon, Ghana, Ivory Coast, Kenya

  • Contract signature :


  • Nature of intervention :


  • Development impacts :

    • 1 — Local economic growth