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Africinvest Europe

Africinvest Europe

PARIS, France·Founded 2016··africinvest.com

AfricInvest Europe is a French private equity firm, a subsidiary of the AfricInvest Group, managing the Franco-African Funds (FFA) dedicated to French SMEs and mid-sized companies with development projects in Africa. It focuses on minority investments in profitable, fast-growing companies, leveraging AfricInvest's extensive network and expertise to support growth and market expansion.

AUM
€150M
Funds
3
vintages 2017–2025
Portfolio
21
Exits
3

Key facts

HQPARIS, France
Founded2016

Recent exits

Mathevon
Mathevon
Industrials2025 · 7yr hold
Amerigo Group
Amerigo Group
Consumer2024 · 5yr hold
Afitex
Afitex
Industrials2023 · 5yr hold

Coverage notes

3 funds tracked, 24 portfolio companies (21 active · 3 realized). Verified weekly from public filings and deal announcements.

Sector breakdown

24 companies
Industrials
12 · 50%
Healthcare
3 · 13%
Consumer
3 · 13%
Business Services
2 · 8%
TMT
2 · 8%
MedTech
1 · 4%
Financials
1 · 4%

Funds & portfolio

Every fund Africinvest Europe has raised, with its portfolio companies. Hand-checked from public filings.

3 funds
Fonds Franco-Africain III (FFA3)Growth
2025 · 1yr€50M1 active

Unrealized

1 held
HTDS
HTDSActive
IndustrialsFrance· Entry 2026
Fonds Franco-Africain II (FFA2)Growth
2020 · 6yr€50M12 active

Unrealized

12 held
Business ServicesFrance· Entry 2024
Fondasol
FondasolActive
IndustrialsFrance· Entry 2021
MedTechFrance· Entry 2021
GSH GroupActive
IndustrialsFrance· Entry 2024
Hemodia
HemodiaActive
HealthcareFrance· Entry 2022
JemsActive
TMTFrance· Entry 2022
IndustrialsFrance· Entry 2018
Pharmatis
PharmatisActive
HealthcareFrance· Entry 2024
Ragni
RagniActive
IndustrialsFrance· Entry 2021
FinancialsFrance· Entry 2024
Technamm
TechnammActive
IndustrialsFrance· Entry 2024
TecofiActive
IndustrialsFrance· Entry 2022
Fonds Franco-Africain I (FFA1)Growth
2017 · 9yr€77M8 active · 3 realized

Unrealized

8 held
AltereoActive
Business ServicesFrance· Entry 2018
BAOBAG
BaobagActive
IndustrialsFrance· Entry 2019
Clayens NP
Clayens NPActive
IndustrialsFrance· Entry 2019
Heetch
HeetchActive
TMTFrance· Entry 2019
Le Wagon
Le WagonActive
ConsumerFrance· Entry 2019
MariettonActive
ConsumerFrance· Entry 2018
Piex
PiexActive
HealthcareFrance· Entry 2017
PiriouActive
IndustrialsFrance· Entry 2019

Realized

3 exits
Afitex
AfitexExited 2023
IndustrialsFrance· Entry 2018
Trade Saleto
Amerigo Group
Amerigo GroupExited 2024
ConsumerFrance· Entry 2019
Secondaryto
Mathevon
MathevonExited 2025
IndustrialsFrance· Entry 2018
Trade Saleto
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About Africinvest Europe

AfricInvest Europe is a French private equity firm subsidiary of the AfricInvest Group, with €150 million of assets under management and managing the Franco-African Funds (FFA) dedicated to French SMEs and mid-sized companies with development projects in Africa. Founded in 2016 and headquartered in Paris, the platform focuses on minority investments in companies with African expansion ambitions.

Investment thesis

AfricInvest Europe targets French SMEs and mid-cap companies pursuing African expansion or development projects, deploying minority equity positions aligned with the Franco-African Funds mandate. Sector focus spans Industrials, Consumer, Healthcare and selectively other French mid-market verticals where African markets represent significant growth potential. The unique Franco-African mandate distinguishes the platform from purely domestic French PE peers.

Recent activity

Recent realised exits include Mathevon (industrials, 2025), Amerigo Group (consumer, 2024) and Afitex (industrials, 2022), reflecting active distribution across the Franco-African portfolio. The platform tracks 3 funds, 19 active portfolio companies and 3 realised exits across the multi-vintage Franco-African programme. Detailed buyer names and multiple data available on Pro at €29/month.

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Last updated August 2026 · Sourced from public filings · Report an issue