British International Investment

Ninety One Africa Private Equity Fund 2

AfricaBotswanaEgyptMoroccoSouth AfricaTanzaniaAfricaCommunications & IT servicesConsumer - EducationConsumer - other servicesFinancial servicesInfrastructureManufacturing

The Investec Africa Frontier Private Equity Fund 2 (IAPEF 2) specialises in growth capital and buyout investments in mid-sized companies based in Africa, with a focus on sub-Saharan Africa.

The fund focuses on the consumer sector and aims to take significant minority or controlling shareholding in its portfolio companies.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $40m Communications & IT services, Consumer - Education, Consumer - other services, Financial services, Infrastructure, Manufacturing April 2014 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
IHS Holding Limited Africa, Nigeria Africa, West Africa Communications & IT services June 2015 Active
Intelligent Debt Management (IDM) South Africa Southern Africa Financial services July 2015 Exited
Kamoso Botswana Southern Africa Consumer - other services October 2017 Exited
Mobisol GmbH Tanzania East Africa Infrastructure September 2016 Active
Richfield South Africa Southern Africa Consumer - Education October 2018 Active
SJL Magreb Morocco North Africa Manufacturing April 2017 Active
Spinneys Retail (Egypt) Egypt North Africa Consumer - other services July 2019 Active
wiGroup South Africa Southern Africa Communications & IT services August 2015 Exited

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