African Future Competitors

We bring an Out of the Ordinary approach to creating and managing wealth. Founded in South Africa as a small finance company, today we offer clients our services as a global bank and asset management group. Follow us on LinkedIn for unique insights from leading minds within the world of finance and Out of the Ordinary stories about our people, communities and partners.

The African Development Bank Group’s mission is to help reduce poverty, improve living conditions for Africans and mobilize resources for the continent’s economic and social development. With this objective in mind, the institution aims at assisting African countries – individually and collectively - in their efforts to achieve sustainable economic development and social progress. Combating poverty is at the heart of the continent’s efforts to attain sustainable economic growth. To this end, the Bank seeks to stimulate and mobilize internal and external resources to promote investments as well as provide its regional member countries with technical and financial assistance.

AfricInvest was founded in the early 1990s, an investment and financial services company. Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on Africa, and employs more than 90 professionals in eleven offices . AfricInvest raised USD 1.9 bn across 21 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe. Having co-founded the African Venture Capital Association (AVCA) as well as the Emerging Markets GPCA (Former EMPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region. Since the beginning, AfricInvest has invested in more than 180 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high-quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education, and healthcare.