Africinvest

Oze is a technology company focused on bringing small and medium-sized enterprises (SMEs) in Africa into the digital age. It offers an application that allows businesses to easily track sales, expenses, and customer information. By analyzing this data, Oze provides tailored recommendations and business education to help entrepreneurs improve their operations. The platform also connects users with Oze Coaches for additional support, enhancing their learning experience. With over 150,000 registered users, Oze claims to be the largest online community of SMEs in West Africa. The company leverages machine learning to assess credit risk, enabling it to offer affordable capital through banking partners. Notably, 97% of businesses that have utilized Oze for at least nine months report growth or profitability, indicating the effectiveness of its services in fostering business success.

Lapaire Glasses Kenya Ltd. is a manufacturer and retailer of eyewear products, including prescription glasses and sunglasses, aimed at making eye care accessible and affordable for the lower and middle-income populations in Africa. Founded in 2018 and headquartered in Nairobi, Kenya, the company utilizes innovative technology to provide free vision tests and a range of eyewear options to the estimated 550 million Africans in need of corrective lenses. Lapaire operates an online shop and offers accommodating services such as 24/7 online chat, mobile clinics for free vision testing, free delivery, and flexible payment plans. In addition to its operations in Kenya, Lapaire serves customers in Uganda, Ivory Coast, Burkina Faso, and Mali, with a commitment to improving eye health and vision across the continent.

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.

Oze is a technology company focused on bringing small and medium-sized enterprises (SMEs) in Africa into the digital age. It offers an application that allows businesses to easily track sales, expenses, and customer information. By analyzing this data, Oze provides tailored recommendations and business education to help entrepreneurs improve their operations. The platform also connects users with Oze Coaches for additional support, enhancing their learning experience. With over 150,000 registered users, Oze claims to be the largest online community of SMEs in West Africa. The company leverages machine learning to assess credit risk, enabling it to offer affordable capital through banking partners. Notably, 97% of businesses that have utilized Oze for at least nine months report growth or profitability, indicating the effectiveness of its services in fostering business success.

PalmPay is a prominent fintech platform dedicated to fostering economic empowerment in Africa. It offers a secure, user-friendly suite of financial services tailored for everyday Nigerians, providing access to top-tier financial products. The company's mobile payment application enables users to earn rewards, make payments, buy airtime, transfer funds, and request money, facilitating quick and stress-free financial transactions across the continent.

Transsnet Music Entertainment Group is a company based in Beijing, China, specializing in the development of smart devices and mobile value-added services. It offers a suite of online services tailored for African users, including Boomplay, a music and video streaming platform, and Vskit, a short video application. Additionally, Transsnet develops PalmPay, an online payment system, Palmsave, an internet investment financial platform, and Palmstore, a mobile application distribution platform. By integrating advanced technology with insights into local markets, Transsnet aims to enhance the digital experience for its users in Africa.

Prime Bank Limited is a financial institution based in Nairobi, Kenya, incorporated in 1992. The bank offers a range of banking products and services, including online banking and various financial services tailored to meet the needs of its customers. With a commitment to providing accessible and efficient banking solutions, Prime Bank serves both individual and corporate clients, focusing on enhancing the overall banking experience through innovative offerings.

Ison Xperiences is a leading 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 individuals, with more than 3,400 based in Africa. Ison Xperiences specializes in delivering outsourced voice and customer relationship management services to a diverse range of industries, including telecommunications, government, retail, energy, media, entertainment, and aviation. By focusing on optimizing customer experience and enhancing business process management, Ison Xperiences enables its clients to improve revenue generation and overall operational efficiency.

Promamec SARL, established in 1981 and headquartered in Casablanca, Morocco, specializes in the manufacture and distribution of medical and paramedical equipment. The company offers a diverse range of products, including customized medical devices designed for both public and private healthcare sectors. Promamec focuses on creating prototypes and assembling medical equipment in small to medium production runs, allowing clients to meet specific needs for downstream medical devices and upstream storable consumables. Through its comprehensive offerings, Promamec plays a vital role in enhancing healthcare delivery by providing tailored solutions for medical professionals.

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, established in 2007. It specializes in creating innovative solutions for enterprise content management (ECM), business process management (BPM), operational risk management, and enterprise resource planning (ERP). Vneuron's flagship product, Reis™ RCS, offers comprehensive anti-money laundering (AML) technologies, streamlining compliance for financial institutions. This solution simplifies the complex requirements of AML compliance, enabling organizations to monitor and filter significant transaction volumes effectively. Reis™ RCS incorporates key features such as automated customer onboarding, risk scoring, and real-time transaction screening, facilitating integration with various information systems, including legacy infrastructures. Vneuron's technology has screened millions of customers and is designed to address both regional and international regulatory demands, making it a valuable resource for financial institutions seeking a modern and customizable AML solution.

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 manufacturing and providing technological solutions across three primary areas. The company produces cabling for the energy, telecommunications, and automotive sectors, alongside mechatronics, which includes the manufacturing of printed circuit boards, electrical and mechanical assemblies, connectors, and wiring. Additionally, One Tech Group is involved in plastic injection and the distribution and implementation of information and communication technology services. This diverse portfolio enables the company to serve a wide range of industries while leveraging its technological expertise.

Elephant Group Limited is a prominent producer and distributor of agro commodities based in Lagos, Nigeria, with additional offices in Cameroon, Niger, and Senegal. Founded in 1994, the company specializes in the production, processing, import, export, marketing, and distribution of a wide range of agricultural products, including rice, wheat flour, and semolina. It also manufactures, imports, and distributes fertilizers such as urea and NPK to various government bodies, private sector operators, and farmers. In addition, Elephant Group processes and trades cash crops like cashew nuts, cocoa, and sesame seeds, and is involved in the oil and gas sector. The company is recognized as one of the leading importers of agro-commodities in Nigeria, holding significant market shares in rice and fertilizer distribution.

Entrepreneurs Financial Centre (EFC) Uganda is a microfinance institution established in June 2012, focused on fostering local wealth development. The company provides specialized microloans at competitive interest rates to micro and small enterprises (MSEs), aiming to support their growth and economic contribution. In addition to loans, EFC Uganda offers a range of savings products, including regular, premium, and term deposit accounts, which enable clients to enhance their financial stability and engage in increased economic activity. Through its services, EFC Uganda seeks 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, that specializes in providing a wide range of subsea services to the oil and gas industry. Founded in 2002 and commencing operations in 2007, the company serves international oil companies, as well as independent and indigenous upstream businesses in Nigeria and the Gulf of Guinea. Its offerings include subsea construction and commissioning, diving services, remotely operated vehicle (ROV) operations, offshore installation, and maintenance services. Additionally, Broron Oil & Gas provides logistics, procurement support, project management, and various subsea engineering solutions, enabling oil and gas companies to access cost-effective services tailored to meet contemporary operational challenges.

Maille Club is a textile manufacturer established in 1976, specializing in knit clothing. Based in Tunisia, the company designs, embroiders, cuts, and tailors garments to serve a diverse clientele across Tunisia and Algeria. It offers a range of products, including both mass market and luxury apparel, distributed through its network of mono and multi-brand retail shops. Maille Club is committed to providing high-quality industrial textiles and clothing, catering to various consumer needs in the region.

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 based in San Sebastián, specializing in road freight transport for over 60 years. Formed in 2002 through the merger of two prominent international road carriers, the group boasts a rich history of more than 120 years in the industry. It has a significant presence in Morocco, where it has operated since the 1980s, earning a strong reputation for reliability among local clients, multinational companies, and authorities. The company is particularly recognized for its expertise in international road freight transportation, especially within the automotive sector, serving major global clients. Grupo San José López offers a comprehensive range of logistics services, including commissioning, freight forwarding, and full truckload and less-than-truckload shipping, catering to the needs of small and medium-sized businesses across Spain and beyond. The company's operations focus on creating efficient point-to-point transportation routes, integrating various aspects of the transportation and logistics market to address the logistical challenges faced by its clients.

Amimer Energie Spa, established in 1989 and located in Seddouk, Algeria, specializes in designing, manufacturing, and installing generating sets and electric transformers for various power generation applications. The company offers comprehensive services throughout the product lifecycle, from initial assessment to implementation, ensuring solutions are tailored to customer requirements and adhere to current standards. With a workforce of over 700 employees, Amimer Energie operates extensively across Algeria and in select MENA countries, positioning itself as a leading provider of energy equipment. The firm focuses on environmental sustainability by adhering to strict policies while delivering turnkey power plants and mini power stations utilizing natural gas and fuel. This approach enables clients to enhance value creation through rigorous cost management and competitive pricing.

Established in 2012 in Tunisia, Tejra specializes in the production and distribution of terracotta construction materials, particularly hollow clay bricks and ceramic products. Recognized as a leading manufacturer of bricks in Tunisia, Tejra has built a reputation for the quality, originality, and innovation of its products. The company leverages its expertise in terracotta and the abundant resources of its quarries to enhance its production processes and ensure high-quality output. Quality control is paramount at Tejra, with rigorous testing and adherence to industry standards at every stage of production, from raw material selection to final packaging and delivery. By providing a diverse range of bricks in various sizes, colors, and finishes, Tejra aims to meet the needs of builders and contribute effectively to 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 established in Kenya in May 2007 and regulated by the Central Bank of Kenya. With a customer base exceeding 1.7 million, the bank operates a network of 93 branches across the country. It specializes in 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, Family Bank seeks to attract large corporate clients to bolster its deposit base. Notably, it was the first bank in Kenya to implement paperless banking through smart card technology, showcasing its commitment to innovation in the financial sector.

General Emballage is a leading manufacturer and supplier of corrugated cardboard based in Bejaia, Algeria. Established in 2002, the company has experienced significant growth and now operates three production facilities located in Akbou, Setif, and Oran, employing approximately 1,000 individuals. General Emballage specializes in producing a variety of cardboard products, including double-layered and double-double-layered cardboard, as well as containers designed for diverse industries such as dairy, food, fruits and vegetables. Additionally, the company provides corrugated paper sheets suited for sectors including food processing, pharmaceuticals, cosmetics, household appliances, and electronics.

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 based in Fez, Morocco, is a producer of packaged food products specializing in olives, sun-dried tomatoes, capers, cherry peppers, and roasted vegetables. The company has earned certifications in International Food Standards and British Retail Consortium, ensuring high quality and safety in its offerings. Through its diversified product range, Sicopa maintains a significant presence in the distribution market and has garnered approval from various American food companies, including Subway, after undergoing rigorous audits.

Omniacom SA is a telecommunications solutions provider based in Ariana, Tunisia, serving operators and service providers across Africa and the Middle East. Founded in 1999, the company specializes in a range of telecom solutions, including mobile gateways, modems, mobile routers, and wireless access networks such as microwave and hotspot WiFi. In addition to its core offerings, Omniacom provides essential infrastructure, civil engineering, installation and integration services, as well as radio network optimization and ongoing maintenance support. The company is expanding its service portfolio to include IT, web solutions, and multimedia services, backed by a team of highly qualified engineers with extensive industry experience. This diversification aims to enhance its ability to meet customer needs and adapt to evolving market demands.

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

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.

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.

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 Insurance PLC 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, the global leader in insurance and asset management, AXA Mansard offers a diverse range of life and non-life insurance products and services to both individuals and institutions. Additionally, the company provides asset management services, medical insurance solutions, and pension fund administration through its subsidiaries, which include AXA Mansard Investments Limited, AXA Mansard Health Limited, and AXA Mansard Pensions Limited. Over the years, AXA Mansard has experienced substantial growth, advancing from a low market position in 2003 to becoming one of the top four insurance companies in Nigeria by 2016. The company is recognized for its financial strength with a B+ rating from A.M. Best and is ISO 9001:2008 compliant, reflecting its commitment to quality management.

Traveltodo is the first fully online travel agency in Tunisia, dedicated to meeting the travel needs of Tunisians. Its e-commerce platform features a wide array of offerings from approximately 800 local tourism providers, including hotels, restaurants, car rental agencies, and thalassotherapy centers. In addition to local services, Traveltodo also provides access to options in Morocco and other global destinations. The agency facilitates seamless online booking and payment for flights and offers automated management tools for business travel budgets. Operating under the public brand of Splendid Tour, which is approved by the National Tourist Board, Traveltodo aims to enhance the travel experience for its customers through a comprehensive digital platform.

Siprof is a prominent manufacturer of friction products located in Morocco, specializing in the automotive sector. 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's extensive expertise in the industry positions it as a key player in providing reliable and high-quality products for automotive applications.

Nouvelair is a prominent airline charter company in Africa, primarily providing flights to European destinations. With an average fleet of 15 aircraft, the company has recently expanded its operations to Egypt through the acquisition of Coral Blue, a charter airline. Nouvelair serves as a travel partner, facilitating trips for tourists, business travelers, students, and families between Europe and Tunisia. The company is recognized for its commitment to safety and operational excellence, holding the highest certification in these areas. Additionally, Nouvelair has diversified its services by offering aircraft assistance, maintenance, and training through dedicated affiliates, further enhancing its operational capabilities and customer service.