Africinvest

AfricInvest, established in 1994 and headquartered in Tunis, Tunisia, is a prominent private equity investment firm focused on supporting small and medium enterprises across Africa. With dedicated investment teams for both North Africa and Sub-Saharan Africa, AfricInvest employs 66 professionals across seven offices. The firm has invested in 135 companies spanning 25 African countries, targeting high-growth sectors such as financial services, agribusiness, consumer goods, retail, education, and healthcare. AfricInvest is recognized for its strong, long-term relationships with local and international investors, including major development finance institutions. In addition to its investment activities, the firm actively promotes the private equity industry in Africa, having co-founded several key associations, including the African Venture Capital Association and the Middle East North Africa Private Equity Association.

Brahim El Jaî

Senior Partner

Khaled Ben Jennet

Partner

Khaled Ben Jilani

Senior Partner

Faisal Jiwa

Senior Partner

Hakim Khelifa

Partner

Khalil Lakhoua

Partner

Skander Oueslati

Chief Investment Officer

Ziad Oueslati

Executive Founding Partner

Mohamed Sebti

Partner

Ismail Talbi

Senior Partner

Past deals in Tunisia

GOMYCODE

Series A in 2022
GoMyCode operates an educational platform that focuses on teaching digital skills and connecting students with technology opportunities globally. Founded in 2017 and headquartered in Tunis, Tunisia, with additional locations in Algeria, France, and Morocco, the company offers programs in various fields, including artificial intelligence, web development, deep learning, DevOps, UX design, and digital marketing. GoMyCode employs a blended learning approach that combines online and offline instruction, enhancing the learning experience through data-driven assessments and matching. By providing comprehensive training in data, development, design, and digital marketing, GoMyCode aims to prepare students for the future job market and empower them with the necessary skills to thrive in a rapidly evolving digital landscape.

Vneuron

Private Equity Round in 2017
Vneuron is a software development company based in Tunis, Tunisia, founded in 2007. The company specializes in creating software solutions for various needs, including enterprise content management, operational risk management, and enterprise resource planning. Vneuron is particularly known for its Reis™ RCS platform, which offers comprehensive anti-money laundering (AML) technologies. This platform simplifies compliance with complex regulatory requirements for financial institutions by providing features such as customer due diligence, transaction monitoring, and risk classification. Reis™ RCS is designed to integrate seamlessly with both modern and legacy information systems, enabling efficient deployment of AML policies. The software has already screened over 10 million customers and processes transactions worth $5 billion annually, serving around 10,000 daily users. Through its innovative solutions, Vneuron aims to streamline compliance processes and enhance operational efficiency in the financial sector.

One Tech Group

Venture Round in 2016
One Tech Group, established in 1978 and headquartered in Tunis, Tunisia, specializes in the manufacturing of printed circuits, electrical and mechanical assemblies, connectors, wiring, and plastic injection. The company operates primarily in three sectors: cabling for energy, telecommunications, and automotive industries; mechatronics, which includes the production of printed circuit boards and related assemblies; and the distribution and implementation of ICT services. With a strong focus on technological innovation, One Tech Group serves a diverse range of clients by providing high-quality manufacturing solutions and services.

Maille Club

Venture Round in 2013
Maille Club, founded in 1976, specializes in the manufacturing of knit clothing and textiles, primarily serving customers in Tunisia and Algeria. The company is engaged in the design, embroidery, cutting, and tailoring of garments, offering a diverse range of products that cater to both mass market and luxury brands. Maille Club operates a network of mono and multi-brand retail shops, ensuring the effective distribution of its industrial textiles and apparel.

Servicom

Private Equity Round in 2013
Servicom is a Tunisia-based Group that specializes in infrastructure services working in four main fields: telecommunications, construction, air-conditioning and heating, and elevators distribution.

Tejra

Venture Round in 2012
Established in 2012 in Tunisia, TEJRA specializes in the production and distribution of terracotta construction materials. TEJRA has succeeded in gaining a foothold in the market as "the major player in the manufacture of bricks in Tunisia" and "Industrial recognized for the quality, originality, performance and innovation of earth products Cooked " The expertise and knowledge of terracotta, the good reserves of its quarries have enabled TEJRA to specify upstream its production tools, its raw material and the manufacturing processes to be implemented in order to guarantee, Downstream, the recognized and certified quality of its products. Quality is at the heart of the concerns of the technical production teams and the management teams. It is essential at all stages of the process, from the selection of the clays to the packaging of the products and their deliveries. The main concern of TEJRA is to guarantee the reliability of its products by the tests, controls, the respect of the standards and labels for the certification of its products.

Polymères SA

Venture Round in 2011
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

Venture Round in 2011
AfricInvest, established in 1994 and headquartered in Tunis, Tunisia, is a prominent private equity investment firm focused on supporting small and medium enterprises across Africa. With dedicated investment teams for both North Africa and Sub-Saharan Africa, AfricInvest employs 66 professionals across seven offices. The firm has invested in 135 companies spanning 25 African countries, targeting high-growth sectors such as financial services, agribusiness, consumer goods, retail, education, and healthcare. AfricInvest is recognized for its strong, long-term relationships with local and international investors, including major development finance institutions. In addition to its investment activities, the firm actively promotes the private equity industry in Africa, having co-founded several key associations, including the African Venture Capital Association and the Middle East North Africa Private Equity Association.

Omniacom

Venture Round in 2008
Omniacom SA is a telecommunications company based in Ariana, Tunisia, that offers a range of solutions and services to operators and service providers across Africa and the Middle East. Founded in 1999, Omniacom specializes in mobile gateways, modems, mobile routers, and wireless access networks, including microwave, hotspot WiFi, and LAN access points. The company also provides essential infrastructure, civil engineering, and facilities for site installation and integration, as well as radio network optimization and maintenance services. Recently, Omniacom has diversified its offerings by expanding into IT, web services, and multimedia, supported by a team of experienced engineers. This strategic move aims to enhance its service portfolio and better address the evolving needs of its clients.

Altea Packaging

Venture Round in 2007
Altea Packaging Group is a prominent flexible packaging converter operating in the MENA region, particularly in the Maghreb area. Founded in 2006 and based in Tunis, Tunisia, the company specializes in the processing, converting, and printing of a wide array of flexible packaging products. Its offerings include lids, films, bags, labels, and specialized films, catering to various sectors such as dairy, confectionery, hygiene, and beverages. With nearly 700 employees and five production facilities across Egypt, Tunisia, and Algeria, Altea Packaging serves multinational companies and local businesses, providing customized packaging solutions tailored to their specific needs. The company's expertise and commitment to quality have established it as a reliable supplier in the industry.

Cotugrain

Venture Round in 2007
Cotugrain produces and markets vegetable seeds in Tunisia. The company also offers forage, legumes, cereals, industrial, and open pollinated seeds. In addition, it provides fertilizers, pesticides, no till and system machinery, agricultural materials, lawn fertilizers, substrates and peat moss, flower seeds and bulbs, and agro-diagnostics and laboratories equipment.

Traveltodo

Venture Round in 2006
Traveltodo is an online travel agency based in Tunisia, dedicated to meeting the travel needs of Tunisians. Operating through its website, Traveltodo provides a comprehensive selection of offerings from approximately 800 local tourism providers, including hotels, restaurants, car rental services, and thalassotherapy centers. In addition to local options, the platform also facilitates bookings for destinations in Morocco and beyond. The agency features an e-commerce platform that enables automated management of business trip budgets and real-time budget calculations, allowing users to book and pay for flights and other travel services directly online. As a public brand of Splendid Tour, a licensed Tunisian travel agency, Traveltodo is approved by the National Tourist Board, ensuring compliance with local regulations and standards in the tourism sector.

Hydrolsol Fondations

Venture Round in 2006
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.
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