Kibo Fund III

Kibo Fund III is a private equity growth and expansion fund managed by Kibo Capital Partners, a firm established in 2007 and based in Ebene, Mauritius. The fund focuses on early-stage investments in Eastern and Southern Africa, as well as the islands of the Indian Ocean. Kibo Fund III targets sectors such as healthcare, financial services, educational and training services, manufacturing, agricultural technology, and financial technology. It emphasizes investments that align with environmental, social, and governance (ESG) criteria, particularly in areas related to education, agriculture, financial services, and health, aiming to generate both financial returns and positive social impact.

Rasmus Bentzen

Associate

Christoph Evard

Partner

Thierry Hugnin

Co-Founder and Managing Partner

Wilfrid Korsaga

Partner

Nitish Nowjee

Principal

Past deals in Kenya

General Cargo Services Ltd

Acquisition in 2016
General Cargo Group (GCG) is a provider of logistics and transport solutions in the Kenyan market.

I&M Bank

Private Equity Round in 2010
I&M Bank (T) Ltd. provides banking services to individuals and commercial customers in Tanzania. I&M Bank (T) Ltd. was formerly known as CF Union Bank Limited and changed its name to I&M Bank (T) Ltd. in September 2010. The company was founded in 1974 and is based in Dar es Salaam, Tanzania. It has branches in Tanzania. I&M Bank (T) Ltd. operates as a subsidiary of I&M Bank Limited.