Company Building LogoAFIG Funds
Overview

AFIG Funds' Portfolio in Africa

AFIG Funds has made over 1 notable investments in African startups. Their most recent investment was in DRILLCORP Sahara, announced on September 7th, 2011.
AFIG Funds' Latest news
FSDH Merchant Bank Gets Funding Lifeline from AFIG Funds - Business Post Nigeria

NEM Insurance reveals CardinalStone’s role in AFIG Funds deal - Nairametrics

CardinalStone Advises NEM Insurance on AFIG Funds investment - THISDAY Newspapers

AFIG Funds acquires 29.9% shareholding in NEM Insurance - Punch Newspapers

AFIG Funds' Investment activity in Africa

With over $8M invested in African startups, their latest investment was a Private Equity round in DRILLCORP Sahara, announced on September 7th, 2011, closing at $8M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Private Equity
DRILLCORP Sahara
MauritaniaSep 07, 2011$ 8,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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AFIG Funds' Investment Distribution in Africa.

AFIG Funds' currently has Startuup investments spread across the following location(s)

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