Africinvest

Oze is a digital platform designed to support small and medium-sized enterprises (SMEs) in Africa by providing tools for managing sales, expenses, and customer data. The app enables entrepreneurs to track their financial activities efficiently and offers tailored recommendations, reports, and business education to enhance their operations. Oze also provides access to coaching for users seeking additional guidance. By leveraging data and machine learning, Oze can assess credit risk and facilitate affordable financing options through banking partners. With a user base exceeding 150,000, Oze has established itself as the largest online community of SMEs in West Africa, demonstrating significant impact as 97% of businesses using Oze for over nine months have reported growth or profitability.

Lapaire Glasses Kenya Ltd. is a manufacturer and seller of eyeglasses, including prescription glasses and sunglasses, founded in 2018 and headquartered in Nairobi, Kenya. The company aims to improve access to affordable eyewear for the lower and middle-income populations in Africa, specifically targeting the 550 million people who need eyeglasses but face barriers to obtaining them. Lapaire offers free vision tests through mobile clinics and an online platform, along with 24/7 chat support, free delivery, and flexible payment options. Its services extend to customers in several African countries, including Uganda, Ivory Coast, Burkina Faso, and Mali. By leveraging innovative technology, Lapaire is committed to enhancing eye health and vision for its clients.

Moove is a mobility fintech company focused on providing revenue-based vehicle financing to mobility entrepreneurs across Africa. By leveraging embedded alternative credit-scoring technology, Moove integrates its services within ride-hailing, logistics, and last-mile delivery platforms. This innovative approach allows the company to assess the performance and revenue of mobility entrepreneurs, enabling it to underwrite loans for individuals who have been historically excluded from traditional financial services. Through its unique model, Moove aims to democratize vehicle ownership and enhance access to financial resources for a growing number of mobility operators in the region.

Fidelity Bank Ghana Limited is a commercial bank based in Accra, Ghana, established in 2006. It offers a range of banking products and services, including current and savings accounts, time deposits, internet banking, SMS banking, and money transfer services. The bank caters to various clients through executive and private banking, corporate finance, retail banking, mortgage, trade, wholesale banking, and treasury services. Additionally, Fidelity Bank Ghana supports government objectives in electrification and power generation by financing independent power providers and facilitates importation of refined crude oil. It also provides advisory services, issues securities, raises capital, and manages portfolio investments for clients through its subsidiaries. The bank is committed to meeting the financial needs of low-income customers, small-scale entrepreneurs, and rural communities.

ArabyAds is a performance marketing company founded in 2013 and based in Dubai, United Arab Emirates, with an additional office in Cairo, Egypt. The firm specializes in enhancing e-commerce marketing through a diverse range of services, including influencer marketing, affiliate marketing, lead generation, sales promotion, customer acquisition, and market testing. ArabyAds aims to empower merchants by improving their return on investment, boosting sales, and enhancing brand visibility through its comprehensive marketing platforms. With a focus on online marketing strategies, the company is dedicated to helping its clients navigate the evolving digital landscape.

Moove is a mobility fintech company focused on providing revenue-based vehicle financing to mobility entrepreneurs across Africa. By leveraging embedded alternative credit-scoring technology, Moove integrates its services within ride-hailing, logistics, and last-mile delivery platforms. This innovative approach allows the company to assess the performance and revenue of mobility entrepreneurs, enabling it to underwrite loans for individuals who have been historically excluded from traditional financial services. Through its unique model, Moove aims to democratize vehicle ownership and enhance access to financial resources for a growing number of mobility operators in the region.

Moove is a mobility fintech company focused on providing revenue-based vehicle financing to mobility entrepreneurs across Africa. By leveraging embedded alternative credit-scoring technology, Moove integrates its services within ride-hailing, logistics, and last-mile delivery platforms. This innovative approach allows the company to assess the performance and revenue of mobility entrepreneurs, enabling it to underwrite loans for individuals who have been historically excluded from traditional financial services. Through its unique model, Moove aims to democratize vehicle ownership and enhance access to financial resources for a growing number of mobility operators in the region.

Oze is a digital platform designed to support small and medium-sized enterprises (SMEs) in Africa by providing tools for managing sales, expenses, and customer data. The app enables entrepreneurs to track their financial activities efficiently and offers tailored recommendations, reports, and business education to enhance their operations. Oze also provides access to coaching for users seeking additional guidance. By leveraging data and machine learning, Oze can assess credit risk and facilitate affordable financing options through banking partners. With a user base exceeding 150,000, Oze has established itself as the largest online community of SMEs in West Africa, demonstrating significant impact as 97% of businesses using Oze for over nine months have reported growth or profitability.

PalmPay is a prominent fintech platform focused on enhancing economic empowerment in Africa, particularly in Nigeria. The company offers a mobile payment application that provides users with a range of reliable and affordable financial tools. Through its user-friendly and secure interface, individuals can earn rewards, make payments, purchase airtime, transfer funds, and request money. PalmPay aims to simplify financial transactions, making them quick and hassle-free for everyday users.

Transsnet Music Entertainment Group, based in Beijing, China, focuses on manufacturing smart devices and offering mobile value-added services tailored for the African market. The company develops several online platforms, including Boomplay, a music and video streaming service, and Vskit, a short video application. Additionally, Transsnet provides PalmPay, an online payment system, Palmsave, an internet investment financial platform, and Palmstore, a mobile application distribution platform. By combining advanced technology with insights into local market needs, Transsnet enhances the digital experience for users across Africa.

Prime Bank Limited is a financial institution based in Nairobi, Kenya, established in 1992. The bank offers a range of banking products and services, including traditional banking and online banking solutions. Its focus is on delivering comprehensive financial services to meet the diverse needs of its customers.

Ison Xperiences is a prominent provider of customer engagement and experience management services, operating primarily in Africa, the United Arab Emirates, and India. As the largest independent call center operator in Africa, the company has a presence in ten Anglophone and Francophone countries, employing over 6,000 people, with more than 3,400 based in Africa. Ison Xperiences specializes in outsourced voice and customer relationship management services, catering to diverse sectors including telecom, government, retail, energy, media, entertainment, and aviation. By offering tailored solutions, the company helps clients enhance their customer experience, optimize revenue generation, and improve overall business process management. With a reach that serves approximately 100 million customers, Ison Xperiences plays a critical role in facilitating effective customer interactions for its clients.

Promamec SARL is a manufacturer and distributor of medical equipment based in Casablanca, Morocco. Founded in 1981, the company specializes in providing a range of medical and paramedical devices, including customized medical equipment tailored to specific needs and storable consumables. Promamec serves both the public and private medical sectors, offering prototypes and assembling equipment in small to medium series, which allows customers to receive products that meet their specific requirements.

Azalaï Hotels Group is the first hotel chain in West Africa and a regional leader in the hospitality sector, boasting over 20 years of experience. Headquartered in Mali, the group has established a strong presence with hotels in key cities including Bamako, Ouagadougou, Cotonou, Bissau, Nouakchott, and Abidjan. Azalaï Hotels focuses on enhancing customer satisfaction through continuous improvements in service quality, which includes meticulous renovations of its properties and effective management of its growing portfolio. The chain is recognized for its warm hospitality and high-quality service, which are delivered by a dedicated workforce that generates over 4,000 direct and indirect jobs across the region. Azalaï Hotels offers modern, fully equipped accommodations and a range of luxury services to ensure guest comfort and safety.

Vneuron is a software development company based in Tunis, Tunisia, founded in 2007. The company specializes in creating software solutions for various needs, including enterprise content management, operational risk management, and enterprise resource planning. Vneuron is particularly known for its Reis™ RCS platform, which offers comprehensive anti-money laundering (AML) technologies. This platform simplifies compliance with complex regulatory requirements for financial institutions by providing features such as customer due diligence, transaction monitoring, and risk classification. Reis™ RCS is designed to integrate seamlessly with both modern and legacy information systems, enabling efficient deployment of AML policies. The software has already screened over 10 million customers and processes transactions worth $5 billion annually, serving around 10,000 daily users. Through its innovative solutions, Vneuron aims to streamline compliance processes and enhance operational efficiency in the financial sector.

Groupe Outsourcia, established in 2003, is a leading provider of information technology outsourcing (ITO) and business process outsourcing (BPO) services, with a strong presence in France and Morocco. The company specializes in high-value-added services, including customer relationship management, digital services, and back-office outsourcing. With nearly 700 employees, Groupe Outsourcia serves prominent clients such as Aquarelle, Carrefour, and PSA, offering multilingual and multichannel services. The company is certified NF Service "Customer Relationship Center" and has been recognized for its social responsibility practices in Morocco.

Silafrica Plastics and Packaging International Limited is a manufacturer and supplier of plastic and packaging solutions based in Nairobi, Kenya. Established in 1963, the company produces a diverse range of products, including containers, rigid consumer packaging, water tanks, beverage crates, and pallets. Silafrica caters to various sectors, such as food and beverage, cosmetics, healthcare, chemicals, and construction. By focusing on innovation in product design and investing in advanced manufacturing technology, Silafrica aims to provide effective plastic solutions that address real-world challenges faced by its customers.

CCA is the largest microfinance institution in Cameroon. The company collects deposits and provides loans to its 420,000 clients representing micro-small-medium enterprises and entrepreneurs (MSMEs) and salaried people. It has a retail network of 42 branches covering the whole country which makes it the larger financial institution in Cameroon in terms of the number of branches and geographic coverage. Further to the AfricInvest investment, the company is being transformed into a universal bank.

One Tech Group, established in 1978 and headquartered in Tunis, Tunisia, specializes in the manufacturing of printed circuits, electrical and mechanical assemblies, connectors, wiring, and plastic injection. The company operates primarily in three sectors: cabling for energy, telecommunications, and automotive industries; mechatronics, which includes the production of printed circuit boards and related assemblies; and the distribution and implementation of ICT services. With a strong focus on technological innovation, One Tech Group serves a diverse range of clients by providing high-quality manufacturing solutions and services.

Elephant Group Limited is a prominent player in the agro-commodity sector, based in Lagos, Nigeria, with additional offices in Cameroon, Niger, and Senegal. Established in 1994, the company specializes in the production, processing, import, export, marketing, and distribution of a variety of agricultural products. It is particularly known for its rice, wheat flour, and semolina, as well as fertilizers such as urea and NPK, which are supplied to government entities and private sector clients. Elephant Group is also involved in the processing and trading of cash crops, including cashew nuts, cocoa, and sesame seeds, among others. The company is recognized as one of the leading importers of agro-commodities in Nigeria, holding significant market shares in both the rice and fertilizer segments. Moreover, it engages in oil and gas activities, further diversifying its business portfolio.

Entrepreneurs Financial Centre (EFC) Uganda is a microfinance institution established in June 2012, focusing on providing specialized loans to support the growth of local wealth. The organization offers microloans at competitive interest rates to micro and small-size entrepreneurs (MSEs), facilitating increased economic activity. In addition to loans, EFC Uganda provides various savings account options, including regular, premium, and term deposit accounts, enabling clients to create value and enhance their financial stability. Through its services, EFC Uganda aims to empower entrepreneurs and contribute to the overall economic development of the region.

Bridge Group West Africa is a holding company which has a majority equity share in Bride Bank Cote d'Ivoire, an Ivorian universal bank and a minority significant equity stake in a bank in Senegal.

Broron Oil & Gas Limited is an indigenous offshore services company based in Lagos, Nigeria, specializing in subsea services for the oil and gas industry. Established in 2002 and commencing operations in 2007, the company provides a range of support services to international oil companies, as well as independent and indigenous upstream firms in Nigeria and the Gulf of Guinea. Its offerings include subsea construction and commissioning, engineering, project management, logistics, and procurement support. Additionally, Broron Oil & Gas delivers diving services, remotely operated vehicle (ROV) services, oil well hookups, tie-backs, subsea installations, and pipeline services. The company aims to provide cost-effective solutions that address the current challenges faced by its clients in the oil and gas sector.

Maille Club, founded in 1976, specializes in the manufacturing of knit clothing and textiles, primarily serving customers in Tunisia and Algeria. The company is engaged in the design, embroidery, cutting, and tailoring of garments, offering a diverse range of products that cater to both mass market and luxury brands. Maille Club operates a network of mono and multi-brand retail shops, ensuring the effective distribution of its industrial textiles and apparel.

Servicom S.A. is a Tunisia-based company that specializes in infrastructure-related services and operates in several key sectors, including telecommunications, construction, air conditioning, heating, and elevator distribution. Founded in 2003 and headquartered in Ariana, Tunisia, the company engages in both private and public construction projects, focusing on water management, energy, and environmental construction. In addition to construction services, Servicom provides a range of telecommunications products, including smartphones and tablets for both business and consumer markets. The company also offers heating and air conditioning equipment, along with comprehensive after-sales services. Its elevator division is dedicated to the marketing, installation, and maintenance of various types of lifts, escalators, and freight elevators, ensuring optimal customer support and efficient operation of its products.

Grupo San José López is a Spanish logistics company headquartered in San Sebastián, specializing in road freight transport for over 60 years. Formed in 2002 from the merger of two established international road carriers, the organization benefits from the experience of its founders, who represent three prominent Spanish families. The company has a significant presence in Morocco, where it has operated since the 1980s, gaining a strong reputation for reliability among local clients, multinational companies, and authorities. Grupo San José López focuses on international road freight transportation, particularly in the automotive sector, serving major global clients. Its services encompass a comprehensive range of logistics solutions, including small parcel shipping, less-than-truckload and full truckload freight brokerage, as well as air freight services, aimed at assisting small and medium-sized businesses with their logistical needs. The company is dedicated to creating and managing efficient point-to-point transportation routes for its clients, thereby enhancing their supply chain operations.

Amimer Energie Spa, established in 1989 and headquartered in Seddouk, Algeria, specializes in designing, manufacturing, and installing generating sets for diverse power supply needs. With over 700 employees, the company offers comprehensive services, from initial customer needs assessment to implementing solutions that meet requirements and comply with current standards. Amimer Energie's products are widely used across Algeria and in select MENA countries, making it a leading provider of generating sets and power stations in Algeria. The company adheres to strict environmental policies and offers turnkey power plants and micro/mini power stations using natural gas and fuel, enabling customers to optimize value creation at competitive prices through rigorous cost control.

Tejra, established in 2012 in Tunisia, specializes in the production and distribution of terracotta construction materials, particularly bricks. Recognized as a major player in the Tunisian market, Tejra is known for the quality, originality, and innovation of its products. The company benefits from its extensive knowledge of terracotta and the abundant reserves of its quarries, allowing it to enhance its production tools and manufacturing processes. Quality assurance is a fundamental aspect of Tejra's operations, involving rigorous testing and adherence to industry standards at every stage, from clay selection to packaging and delivery. Tejra's product range includes various hollow clay bricks and ceramic products in different sizes, colors, and finishes, catering to diverse construction needs. By prioritizing reliability and certified quality, Tejra has established itself as a trusted supplier in the construction industry.

POLYMERES SA is an industrial unit for the extrusion of plastic raw materials for injection, mainly for the electrical, electronic and automotive sectors. It is the only producer of plastic granulates in Tunisia and one of the pioneers of this activity in the Maghreb. POLYMERES SA is in the process of successfully transferring a technology to Africa, long considered the preserve of the West. Its technical team of engineers and senior technicians has been trained for months at a German partner; One of the biggest European compounders. The company POLYMERES SA aims to become a major player in the plastics industry in the Maghreb, offering a product of quality equal to that of the European product, at a lower cost and a proximity to the Maghreb plastrers and European operators who settle in the Maghreb . It capitalizes on the emergence of Tunisia as an important subcontracting platform for OEMs of injected or extruded products.

AfricInvest, established in 1994, is a Tunisia-based private equity firm and part of the Integra Group. With a team of 66 professionals across seven African offices, AfricInvest manages USD1 billion across 16 funds, supported by both local and international investors. The firm focuses on investing in high-growth sectors such as financial services, agribusiness, consumer/retail, education, and healthcare, across North Africa and Sub-Saharan Africa. Since its inception, AfricInvest has invested in 135 companies across 25 African countries, promoting the private equity industry through its involvement in associations like AVCA and MENAPEA.

Family Bank is a commercial bank based in Kenya, operating since May 2007 and regulated by the Central Bank of Kenya. With a growing customer base exceeding 1.7 million, it has established a network of 93 branches across the country. The bank primarily focuses on providing financial services to underserved segments of the market, including small-scale farmers, salaried employees, micro, small, and medium-sized enterprises, as well as youth and women. Additionally, it serves larger corporate clients to enhance its deposit base. Family Bank is noted for being the first in Kenya to implement paperless banking through smart card technology, reflecting its commitment to innovation in financial services.

General Emballage is a prominent supplier and manufacturer of corrugated cardboard in Algeria, having established its operations in 2002. The company produces a variety of packaging solutions, including double-layered and double-double layered cardboard, catering to diverse industries. Its product range includes containers for dairy, food, fruits, and vegetables, as well as standard boxes and corrugated paper sheets used in food processing, pharmaceuticals, cosmetics, household appliances, and electronics. With a workforce of approximately 1,000 employees, General Emballage operates three production facilities located in Akbou, Setif, and Oran, contributing significantly to its growth in the packaging sector.

MLA is the first independent leasing company created in Algeria in December 2006. It employs about 70 people and is the market leader in terms of annual financing. The company has five branches and is planning to start new businesses such as factoring and fleet management.

Snax, a producer of salty snacks, is the unchallenged leader in the Algerian market with over 50% market share. The company has also developed production and distribution of sweet snacks mainly muffins and sorbet sticks.

Sicopa, established in 1985 and located in Fez, Morocco, specializes in the production of a variety of packaged food products, including olives, sun-dried tomatoes, capers, cherry peppers, and roasted vegetables. The company is known for its adherence to high food safety and quality standards, being certified by both International Food Standards and the British Retail Consortium. This commitment to quality has enabled Sicopa to gain approval from prominent American food companies, including Subway, which is a testament to its reliability in the food production sector. With a diverse product range, Sicopa effectively controls a significant distribution market for Moroccan packaged foods.

Omniacom SA is a telecommunications company based in Ariana, Tunisia, that offers a range of solutions and services to operators and service providers across Africa and the Middle East. Founded in 1999, Omniacom specializes in mobile gateways, modems, mobile routers, and wireless access networks, including microwave, hotspot WiFi, and LAN access points. The company also provides essential infrastructure, civil engineering, and facilities for site installation and integration, as well as radio network optimization and maintenance services. Recently, Omniacom has diversified its offerings by expanding into IT, web services, and multimedia, supported by a team of experienced engineers. This strategic move aims to enhance its service portfolio and better address the evolving needs of its clients.

Saiss Lait is specialises in the production of sterilized milk and other dairy products and is based in Morocco.

Altea Packaging Group is a prominent flexible packaging converter operating in the MENA region. Founded in 2006 and based in Tunis, Tunisia, the company specializes in the processing, converting, and printing of a wide range of flexible packaging products. Its offerings include lids, films, cold seals, stand-up pouches, labels, and various specialized films, catering to diverse markets such as dairy, confectionery, detergents, pet food, and beverages. With nearly 700 employees across five production facilities in Egypt, Tunisia, and Algeria, Altea Packaging combines regional expertise with high-quality service, positioning itself as a reliable supplier for multinational companies seeking innovative packaging solutions tailored to their specific needs. The company was formerly known as Intaj Packaging Limited before rebranding in December 2007.

Cotugrain S.a.r.l. is a Tunisian company specializing in the production and marketing of various types of seeds, including vegetable, forage, legumes, cereals, industrial, and open pollinated seeds. Established in 1985 and based in Tunis, the company also provides a wide range of agricultural products and services. These include fertilizers, pesticides, no-till and system machinery, as well as other agricultural materials. Furthermore, Cotugrain offers lawn fertilizers, substrates and peat moss, flower seeds and bulbs, along with agro-diagnostics and laboratory equipment, catering to the diverse needs of the agricultural sector in Tunisia.

Hydrolsol Fondations is a company specialized in geological surveys and specialized foundations. The main clients of the company are international firms that have won large infrastructure contracts in Tunisia and North Africa. It also provides services for the infrastructures and agriculture ministries, as well as for consulting firms.

AXA Mansard is a prominent insurance and asset management company based in Nigeria, incorporated in 1989 and registered as a composite company with the National Insurance Commission of Nigeria. As a member of the AXA Group, it provides a range of life and non-life insurance products and services to both individuals and institutions. In addition to insurance offerings, AXA Mansard also specializes in asset and investment management, medical insurance solutions, and pension fund administration through its subsidiaries. Over the years, AXA Mansard has demonstrated significant growth, moving from the 97th position among 109 insurance companies in 2003 to one of the top four out of 58 by 2016. The company has received recognition for its financial strength with a B+ rating from A.M. Best and holds ISO 9001:2008 certification for quality management systems. AXA Mansard's ongoing commitment to the insurance and asset management sectors has positioned it as a key player in the Nigerian market.

Traveltodo is an online travel agency based in Tunisia, dedicated to meeting the travel needs of Tunisians. Operating through its website, Traveltodo provides a comprehensive selection of offerings from approximately 800 local tourism providers, including hotels, restaurants, car rental services, and thalassotherapy centers. In addition to local options, the platform also facilitates bookings for destinations in Morocco and beyond. The agency features an e-commerce platform that enables automated management of business trip budgets and real-time budget calculations, allowing users to book and pay for flights and other travel services directly online. As a public brand of Splendid Tour, a licensed Tunisian travel agency, Traveltodo is approved by the National Tourist Board, ensuring compliance with local regulations and standards in the tourism sector.

Siprof is a manufacturer based in Morocco that specializes in friction products for the automotive industry. With over 30 years of experience, the company produces a range of components for both light and heavy-duty vehicles, including disc brake pads, heavy-duty drum brake pads, drum brake linings, and jaw kits. Siprof has established itself as a key player in the automotive sector, providing essential products that contribute to vehicle safety and performance.

Nouvelair is a leading airline charter company in Africa, primarily serving flights to European destinations. With an average fleet of 15 aircraft, the company has recently expanded its operations into Egypt through the acquisition of a charter airline, Coral Blue. Nouvelair focuses on providing air travel for tourists, business travelers, students, and families, ensuring safety, comfort, and efficiency. The airline holds the highest certification for safety and operations, and it has diversified its services to include aircraft assistance, maintenance, and training through dedicated affiliates.