Africinvest

AfricInvest, founded in 1994 and based in Tunis, Tunisia, is a leading private equity investment firm within the Integra Group. With a focus on small and medium enterprises across Africa, it manages USD 1 billion across 16 funds and employs 66 professionals in seven offices. The firm specializes in high-growth sectors such as financial services, agribusiness, consumer/retail, education, and healthcare, having invested in 135 companies across 25 African countries. AfricInvest benefits from strong support from local and international investors, including prominent development finance institutions. As a co-founder of the African Venture Capital Association and other regional organizations, the firm actively promotes the growth of the private equity industry in Africa. Its extensive network of executives and expertise positions AfricInvest as a significant player in fostering economic development on the continent.

Omar Bekkali

Partner

Farid Benlafdil

Partner

Cherif Bouattour

Partner

Anis Fathallah

Senior Partner of Investor Relations

Hichem Ghanmi

Senior Partner & Managing Director, Western African countries operations

Mehdi Gharbi

Senior Partner and CIO, Algeria and Libya

Karim Ghedamsi

Senior Partner

Samia Ghorbel

Partner

Brahim El Jaî

Senior Partner

Khaled Ben Jennet

Partner and Managing Director of AfricInvest Europe

Khaled Ben Jilani

Senior Partner

Faisal Jiwa

Senior Partner

Anis Kallel

Senior Partner

Hakim Khelifa

Partner

Aziz Mebarek

Founding Partner

George Odo

Senior Partner & Managing Director, East Africa

Abiola Ojo-Osagie

Senior Partner and Managing Director

Skander Oueslati

Chief Investment Officer & Deputy Managing Director

Ziad Oueslati

Co-Founder & Partner

Yazid Taalba

Senior Partner and Managing Director

Julius Tichelaar

Partner, East & Southern Africa

Karim Trad

Co-Founder, Partner & Executive Director

Ann Wyman

Senior Manager and Head of Economics and Investor Engagement

El Idrissi, Mokhlis

Director and Head of Moroccan Funds

Past deals in Nigeria

InstaDeep

Series A in 2019
InstaDeep Ltd develops and offers artificial intelligence (AI) based decision making systems for enterprise sector. The company was founded in 2014 and is headquartered in London, United Kingdom with additional offices in Paris, France; Tunis, Tunisia; Nairobi, Kenya; and Lagos, Nigeria.

Ison Xperiences

Debt Financing in 2018
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.

Elephant Group

Private Equity Round in 2015
The company is one of the leading importers of agro-commodities in Nigeria. It currently imports, markets and distributes rice and fertilizer in the country and is currently ranked amongst the top five players in the industry, with shares of 8% and 10%, respectively, in these segments.

Broron Oil and Gas

Venture Round in 2014
Broron Oil & Gas Limited is an indigenous oil and gas offshore services company which provides offshore support services to International Oil Companies (IOCs), independent and indigenous upstream companies in Nigeria and the Gulf of Guinea. Services provided by the Company include subsea engineering services, diving services, project management, logistics and procurement support services. The Company was incorporated in 2002 and commenced operations in 2007.

AXA Mansard

Venture Round in 2006
AXA Mansard is a member of the AXA Group, the worldwide leader in insurance and asset management with 166,000 employees serving 107 million clients in 64 countries. The group is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. Despite being written in upper case, "AXA" is not an acronym, the name was chosen because it is short and can be pronounced easily the same way in every language. AXA is present in geographically diverse markets, with operations concentrated in Europe, North America and Asia Pacific. AXA’s is also present in Central and South America, Middle East and in Africa via operations in Cameroon, Gabon, Ivory Coast, Morocco, Senegal and Algeria. AXA has more than over 20 year’s continuous presence in Africa. In 2016, IFRS revenues amounted to Euro 100.2 billion and IFRS underlying earnings to Euro 5.7 billion. AXA had Euro 1,429 billion in assets under management as of December 31, 2016. AXA Mansard was incorporated in 1989 as a private limited liability company and is registered as a composite company with the National Insurance Commission of Nigeria (NAICOM). The Company offers life and non-life insurance products and services to individuals and institutions across Nigeria whilst also offering asset/investment management services, health management services and pension fund administration through its three subsidiaries AXA Mansard Investments Limited, AXA Mansard Health Limited and AXA Mansard Pensions Limited. From 2004 to 2015, AXA Mansard Insurance grew its turnover at a compounded annual growth rate (CAGR) of 55%. In 2016, GWP was NGN 20.7 billion, while net income was NGN 10.9 billion, a 10% increase over 2015. The company has progressed from the 97th position out of 109 insurance companies existing in 2003 to one of the top 4 out of 58 insurance companies in 2016. This growth has attracted the attention of analysts from across the world. AXA Mansard Insurance was listed on the Nigeria Stock Exchange in November 2009. In December 2014, AXA Mansard became a member of AXA following AXA’s acquisition of Assur Holdings (AAH), the majority shareholders in the erstwhile company. AXA Mansard Insurance plc is rated B+ by A.M. Best (2016) for Financial Strength. The Company is also certified ISO 9001:2008 compliant by the Standard Organisation of Nigeria (SON) for quality management systems.