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AfricInvest
AfricInvest is a private equity firm in Africa and an investment and financial services group. It is one of the most experienced private equity investors in...
AfricInvest
AfricInvest is a private equity firm in Africa and an investment and financial services group. It is one of the most experienced private equity investors in the region, with dedicated investment teams focused on North Africa and Sub-Saharan Africa. The firm employs around 100 professionals based in 11 offices and builds competitive local companies into regional champions.
General information
Firm type
Private Equity
Year founded
1994
Location
Region
Africa
Country
Tunisia
City
Ebene, Cybercity
Corporate office
Tunis, Tunisia
Additional offices
Abidjan, Côte d'Ivoire · Algiers, Algeria · Cairo, Egypt · Casablanca, Morocco · Ebène, Mauritius · Lagos, Nigeria · Nairobi, Kenya
Principals
Ziad Oueslati
Co-Founder and Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at AfricInvest?
Investment decisions are driven by the partnership group, led by Co-Founder and Managing Partner Ziad Oueslati. Each fund family has its own investment committee, staffed by senior partners with sector and geographic mandates. The 11-office structure means local managing partners carry significant pre-committee origination and diligence authority, a model designed to prevent bottlenecking decisions in Tunis.
How does AfricInvest source its deal flow?
AfricInvest originates deals through its 11 local offices, not through centralized roadshows or broker-driven networks. The local teams — often nationals of the countries they cover — leverage relationships with family-owned businesses, regional regulators, and banking groups. This ground-level network is supplemented by co-investment relationships with other Africa-focused GPs and the firm’s long-standing DFI network.
Does AfricInvest participate in fund commitments or only direct deals?
AfricInvest primarily executes direct equity and debt investments in portfolio companies. It does not operate as a fund-of-funds. However, it has co-invested alongside other GPs on larger transactions and maintains informal co-investment club relationships with institutional peers who share its regional footprint.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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