British International Investment

Regional Education Finance Fund for Africa

AfricaBotswanaBurkina FasoCote d'IvoireDemocratic Republic of CongoGhanaKenyaLesothoMaliMauritiusNigeriaSenegalTanzaniaTunisiaZambiaAfricaEducationFinancial services

The Regional Education Finance Fund for Africa was set up by KfW in 2012 with a $27 million investment. The fund provides long-term debt to financial institutions in Africa for on-lending to affordable, private education providers offering primary, secondary and tertiary education as well as for individual school fee loans to parents and students.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $15m Africa Education, Financial services May 2018 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
AB Microfinance Bank Nigeria Nigeria West Africa Financial services June 2025 Active
Access Bank Plc Nigeria West Africa Financial services March 2024 Active
ACEP Senegal Senegal West Africa Financial services December 2024 Active
Advans Cote d’Ivoire Cote d'Ivoire West Africa Financial services September 2017 Exited
Advans DRC Democratic Republic of Congo Central Africa Financial services October 2025 Active
Advans Holding Nigeria West Africa Financial services December 2023 Exited
Advans Nigeria Nigeria West Africa Financial services September 2022 Active
African Microfinance Limited Tanzania East Africa Financial services December 2023 Active
Baobab Mali Mali West Africa Financial services June 2023 Active
Bayport Botswana Botswana Southern Africa Financial services March 2019 Active
Bayport Botswana Botswana Southern Africa Financial services June 2021 Exited
Bayport Ghana Ghana West Africa Financial services July 2018 Exited
Bayport Management Limited Mauritius East Africa Financial services December 2022 Active
Bayport Tanzania Tanzania East Africa Financial services March 2021 Active
Bayport Tanzania Tanzania East Africa Financial services June 2022 Exited
EdPartners Limited Kenya East Africa Financial services November 2023 Active
EFC Zambia Zambia Southern Africa Financial services September 2023 Active
ENDA Tamweel Africa, Tunisia Africa, North Africa Financial services March 2020 Exited
Family Bank Limited Kenya East Africa Financial services December 2021 Exited
Fanikiwa Tanzania Tanzania East Africa Financial services September 2023 Active
Fidelis Finance Burkina Faso West Africa Financial services December 2020 Exited
Guilgal Democratic Republic of Congo Central Africa Financial services June 2024 Active
Izwe Ghana Ghana West Africa Financial services February 2020 Exited
Izwe Zambia Zambia Southern Africa Financial services June 2023 Active
Letshego Botswana Botswana Southern Africa Financial services December 2020 Active
Letshego Ghana Ghana West Africa Financial services June 2021 Active
Letshego Kenya Limited Kenya East Africa Financial services May 2021 Exited
MyCredit Kenya Kenya East Africa Financial services June 2023 Active
PAMECAS Senegal West Africa Financial services October 2023 Active
Regional Education Finance Fund for Africa (for DI metrics) Africa Africa Education May 2018 Exited
Select Eswatini Eswatini, Kenya, Lesotho, Malawi, Mauritius, Uganda East Africa, Southern Africa Financial services December 2019 Active
Select Lesotho Lesotho Southern Africa Financial services April 2025 Active
Sterling Bank Limited Nigeria West Africa Financial services March 2022 Active
Sumac Microfinance Bank Kenya East Africa Financial services June 2021 Exited
Victoria Finance Tanzania East Africa Financial services September 2023 Active
Witti Finances Cote d'Ivoire West Africa Financial services December 2024 Active

Subscribe to receive our latest news and updates

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookies should be enabled at all times so that we can save your preferences for cookie settings.

Analytics Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Enabling these cookies helps us to improve our website.