IFC - International Finance Corporation is investing in AfricInvest Group's Small Cap Fund. This investment is part of IFC's SME Ventures program and its mission to help close the financing gap for SMEs in emerging economies – in Africa alone, private equity investment remains among the lowest globally, representing only 3% of total investments in emerging markets.
With IFC’s support, the fund will invest in SMEs in strategic sectors like agribusiness, healthcare, manufacturing, logistics, and financial services. These are the backbone of local economies, and by supporting companies with high-growth potential, IFC will help create new jobs and foster resilient growth across the continent.