# AfricInvest

AfricInvest is a Private Equity based in Ebene, Cybercity, Tunisia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Ebene, Cybercity, Tunisia
- **Region:** Africa
- **Address:** Tunis, Tunisia
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** www.africinvest.com
- **LinkedIn:** https://www.linkedin.com/company/tuninvest

## About

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.

## Sectors

- Financial Services
- Healthcare Services
- Consumer Goods & Retail
- Industrial Tech
- Energy Transition & Renewables
- Telecommunications
- Media & Entertainment

## Offices

- Abidjan, Côte d'Ivoire
- Algiers, Algeria
- Cairo, Egypt
- Casablanca, Morocco
- Ebène, Mauritius
- Lagos, Nigeria
- Nairobi, Kenya

## People

- Ziad Oueslati — Co-Founder and Managing Partner

## 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.

## Related profiles

- [Africa Transformation and Industrialization](https://altss.com/profile/africa-transformation-and-industrialization)
- [AfriGloCal Venture Capital](https://altss.com/profile/afriglocal-venture-capital)

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Last updated: 2026-08-11T15:05:57.154Z

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