About the fund
Launched in 2021, the French-African Fund 2 (FFA 2) is a cross-border private equity fund dedicated to French small and medium-sized enterprises seeking to invest and expand in Africa. AfricInvest aims to support its portfolio companies with its experience, financing capacity, extensive network and the expertise of its teams in France and Africa in an effort to help them accelerate their growth and access new markets. It will also seek to facilitate partnerships with relevant business, financial, industrial and technological partners on each market. Investments will be in the form of equity investments, generally minority investments. In addition to the financial returns, the fund will focus on the impact of its investments on corporate governance, transparency, job creation and respect for social and environmental values.
FFA 2 is the second iteration of AfricInvest's French-African strategy. It closed in 2023, having raised over €50 Million of subscriptions from French and international institutional investors, including private investors, as well as family offices. The fund is managed by AfricInvest Europe, part of AfricInvest Group, and is led by a dedicated team.
