AfricInvest opens a new office in Mauritius and prepares two new investment vehicles
The Pan-African investment and financial services company is to add two new vehicles to its wide offering of African funds while at the same time setting up an office in Mauritius.
06/03/2020 at 16h44, by Aurelie Benoit
Three years after closing AfricInvest Fund III, the private equity fund is now focusing on the launch of a new vehicle, AfricInvest Fund IV. According to our information, the target amount will be over €400m ($453m), although well-informed sources have confirmed to Jeune Afrique Business+ that AfricInvest remains prudent in the face of current market unrest. The previous vehicle closed at €273m ($309m).
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