Linkedin-in

AfricInvest Fund V

AfricInvest

AfricInvest Fund V

AfricInvest

“AfricInvest V” targets investments across diverse sectors and regions, with a particular focus on geographies where the firm maintains a strong local presence. The fund partners with mid/large-cap enterprises, providing strategic, managerial and governance expertise to unlock transformative expansion. Through growth and build-up opportunities fostering the consolidation of SMEs, AfricInvest V seeks to accelerate companies’ regional scaling, generate superior risk-adjusted returns, and advance inclusive, sustainable development across the continent.

Project Details

The AfricInvest Fund V (AFV) is designed to invest in African mid-cap companies across diverse sectors to accelerate their regional growth, delivering attractive risk-adjusted returns and supporting inclusive and sustainable development.

The Pan-African multisectoral fund aims to unlock the next phase of growth for African mid-cap companies already recognized as champions in their industries. By partnering with these businesses, AF V aims to consolidate their leadership position, accelerate market leadership, accelerate regional expansion, and align business strategies with inclusive and low-carbon growth pathways that create lasting value for investors and the communities in Africa.

To that end, the fund will target companies generating average revenues of $50-100 million with a primary focus on Agribusiness, education, manufacturing, Telecom and financial services.  Through these companies, the fund will look at acquiring SMEs that complement their strategy creating much needed exit opportunities for these SMEs and help them become more sustainable through consolidation.

Beyond capital, AF V enhances long-term value creation by strengthening governance, raising product and service quality, improving efficiency and competitiveness, and enabling companies to seize opportunities linked to the low-carbon transition. Financial performance and impact are inseparable: AF V helps portfolio companies deliver both financial returns and economic returns (job creation, stronger local value chains, enhanced competitiveness, and contributions to Africa’s sustainable development).

AfricInvest Fund V Fund will be announcing a first closing in H1 2026 with subscriptions from international institutional investors.

Anticipated Impact

At this critical juncture, AF V contributes to reimagining Africa’s growth path with a sustainable, future-proof mindset. As a source of long-term financing, it fosters linkages across portfolio companies and embeds international best practices in I&S, enabling investees to grow responsibly and thrive in a competitive, low-carbon economy.

Through its portfolio, the Fund will:

  • Provide decent work and economic growth (SDG 8) through direct job creation and by raising standards across value chains. As portfolio companies grow and strengthen governance and I&S practices, these gains cascade to distributors, suppliers, and clients supporting SME development, scaling opportunities, and stronger financial inclusion.
  • Advance sustainable industrial transformation (SDGs 9, 12 & 13) by expanding local manufacturing and value-added production aligned with the low-carbon transition, leveraging Industry 4.0 and AI technologies to boost competitiveness, efficiency, and sustainable growth.
  • Improve sustainable production and consumption (SDG 12) and advance climate action (SDG 13) by driving environmental innovation, strengthening governance, and adapting business models for mitigation and resilience. AFV is also aligned with AfricInvest’s Just Net Zero pathway, supporting portfolio companies in setting science-based targets (SBTs) and embedding climate considerations into core operations.
  • Promote gender equality (SDG 5) by advancing women’s participation in leadership, management, and the workforce.

By investing across diverse industries and geographies, AF V generates measurable positive social and environmental outcomes alongside competitive financial returns, delivering on investor expectations while positioning African champions as drivers of long-term economic and social transformation. economic

Support/Partnership Required

The AfricInvest Fund V is set to secure its first closing in H1 2026 and has already gathered interest from the LPs of the predecessor fund. We invite other Alliance members to consider contributing to this pioneering initiative that aligns with their commitment to sustainable and inclusive development.