Home AfricInvest Fund IV AfricInvest Fund IV In brief AfricInvest Fund IV is a pan-African fund focusing on companies across Africa where the Fund has a local presence. The Fund will continue to invest in line with the investment policy and targets of the previous AfricInvest funds and concentrate on familiar sectors. The focus sectors are financial services, manufacturing, fast-moving consumer goods, agribusiness, healthcare, education, and logistics. Main development impact Finnfund has a long history with the AfricInvest pan-African funds. Over the years, the manager has developed and implemented its solid environmental and social management system. AfricInvest offers growth-oriented medium-sized companies with patient capital and strategic, financial, technical and commercial advice, helping the companies to grow sustainably. Regarding prioritised sectors, AfricInvest IV Fund will target labour-intensive financial services, manufacturing and FMCGs, which are in high demand in developing economies and markets in Africa. By investing in AfricInvest IV, Finnfund contributes to economic growth and impacts development across the African continent. Investment details Name: AfricInvest Fund IV Project number: 80000196 Region: Africa Country: Africa Sector: General fund Signing date (month/year): June 2020 Currency: USD Finnfund's financing (commitment): 20,000,000 Instrument: Fund Status: Active Website: https://www.africinvest.com/ Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Companies financed by the fund Name Sector Region Country Fidelity Bank Bank Africa Ghana CMGP CAS Group Agribusiness Africa Morocco AutoXPres Automotive parts and accessories Africa Kenya, Uganda, Tanzania, Rwanda Justrite Retail trade Africa Nigeria Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: AfricInvest Fund IV Sector: General fund Region: Africa Country: Africa Currency: USD Finnfund's financing (commitment): 20,000,000 Signing date (month/year): June 2020 Last update: October 2020