AfricInvest is a pan-African private equity firm founded in 1994 and headquartered in Tunis, Tunisia. The firm has raised over €2.3 billion across more than 22 funds and invested in over 230 companies across 38 African countries, focusing on growth capital for small and medium-sized enterprises.
Their most common stage is series-a (57% of deals). Average disclosed round size is $37.2M (across 21 rounds with reported amounts).
Portfolio
19
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
Ziad Oueslati
Founding and Co-Managing Partner
Ann Wyman
Senior Partner and Head of Investor Engagement
Ismail Talbi
Senior Partner, MD AfricInvest Egypt
Khalil Lakhoua
Senior Partner
Mahmoud Elsayaad
Investment Professional
Youssef Saya
Private Equity | Investing Across Africa
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 PayTic | Unknown | $4.4M | Jan 2025 |
 Moove | Series B | $100M | Mar 2024 |
 ArabyAds | Series B | $30M | Aug 2022 |
 MFS Africa | Series C | $100M | Jun 2022 |
 Turaco | Series A | $10M | Jan 2022 |
 GoMyCode | Series A | $8M | Jan 2022 |
| MFS Africa | Series C | $100M | Nov 2021 |
 Palmpay | Series A | $100M | Aug 2021 |
 Aerobotics | Seed | $17M | Jan 2021 |
 Africa Healthcare Network | Unknown | $5M | Jan 2021 |
| Moove | Series A | $105M | Jan 2021 |
| LLe Wagon | Series A | $19M | Jan 2020 |
 Heetch | Series B | $42M | Nov 2019 |
 InstaDeep | Series A | — | May 2019 |
| Aerobotics | Series A | $4M | Feb 2019 |
| IiSON Xperiences | Unknown | $51M | Nov 2018 |
| InstaDeep | Series A | $8.5M | — |
 Kredete | Series A | $22M | — |
 Bizao | Series A | $8.2M | — |
 LeWagon | Unknown | — | — |
| BBuzzkito | Series A | $1.7M | — |
| NNawah Scientific | Series A | $23M | — |
| KKredete, Inc | Series A | $22M | — |
Top Co-Investors
Last updated: 20 October 2026