Tunisia · Investor

AfricInvest

Last cheque observed May 2026; 6 cheques on record.

Private equityDeploying nowLast fund $30M, May 2021

SeedSeries ASeries BB2CCosmeticsGoods

Deploying now
50%of best year2cheques in 12 months, 6 on record
Since the last cheque183days00hrs00min00sec
Median round$13MRounds led3 of 6Sole investor1 roundsMostly inNigeria, 33%
Pitch AfricInvest

AfricInvest highlights

  1. 01

    2 cheques in the last 12 months

  2. 02

    Mostly Series A and Growth: 60% of its rounds

  3. 03

    Sole investor in 1 rounds, median $4.0M

What they do

AfricInvest, private equity firm in AfricaFrom their own website
Type
Private equity (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowth
Sectors
B2CCosmeticsGoods
Based in
Tunis, Tunisia
Cold pitches
Not accepted

The record

Every round we can evidence, newest first6 appearances

  1. 2026

    1 round

  2. May
    BFREEGrowth · NG · Disrupt AfricaUndisclosedLed
  3. 2025

    4 rounds

  4. Dec
    Nawah ScientificSeries A · EG · Disrupt Africa$23MWith 6 others
  5. Sept
    KredeteSeries A · NG · Disrupt Africa$22MLed
  6. Apr
    PayTicSeed · MA · Disrupt Africa$4.0MLed
  7. Feb
    OzeGH · Disrupt AfricaUndisclosedWith 6 others
  8. 2019

    1 round

  9. Nov
    HeetchSeries B · FR · TechCrunch$4.0MSole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration3 named

RMRafik MzahDirectoriFiling they signed
RRRajan RosickDirectoriFiling they signed
TLTeemulsingh LuchoaDirectoriFiling they signed

We also hold 9 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$543Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Africinvest Global Manco
SEC number
CRD 315905

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

Same Team

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Companies it bought

Acquisitions by the firm itself

Groupe ISGAUndisclosedNov 2021
SicopaUndisclosedJan 2008

Recently backed

The latest companies AfricInvest put money into.

Quick answers about AfricInvest

What does AfricInvest invest in?

AfricInvest invests most often at Series A and Growth (60% of the rounds on record), in sectors such as B2C, Cosmetics and Goods.

How active is AfricInvest?

6 investments on record, 2 of them in the last 12 months, and it led 3. The most recent was in May 2026.

What has AfricInvest invested in recently?

Its most recent investments on record: BFREE (Growth, May 2026), Nawah Scientific (Series A, Dec 2025) and Kredete (Series A, Sept 2025).

How big are AfricInvest's cheques?

The median round it joins is $13M.

Does AfricInvest lead rounds?

Yes: it led 3 of its 6 investments on record (50%).

Where does AfricInvest invest?

Most of the companies it backs are in Nigeria (33%), Egypt (17%) and Morocco (17%).

Is AfricInvest investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

What kind of investor is AfricInvest?

AfricInvest is a private equity firm based in Tunis, Tunisia.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it