Kenya Power Pension Fund

About the fund

The AfricInvest Financial Inclusion Vehicle (FIVE) is an evergreen investment platform launched in 2017 to address the critical gap in access to finance for Africa’s SMEs and unbanked populations. Backed by leading development finance institutions and private investors, FIVE targets equity and quasi-equity positions in banks, insurers, microfinance institutions, leasing companies, and fintech startups. The fund’s strategy focuses on supporting financial institutions undergoing digital transformation and expanding inclusive products—such as digital payments, micro-lending, and affordable insurance—with a view to foster job creation, gender equality, and economic resilience. Its evergreen structure allows for longer holding periods, supporting deep operational improvements and sustainable scaling across Africa’s rapidly evolving financial landscape.