Microfinance Funds Universe > Commercially Oriented Funds > AfriCap
AfriCap – AfriCap Microfinance Fund
Key features
- Country of incorporation:
- Year founded: 2002
- Legal Status: Private Equity Fund
- Fund Assets: USD 13,300,000 ( as of 2004-07-31)
- Fund Assets Allocated to MF Investments: USD 3,200,000 ( as of 2004-07-31)
- Number of active MF investment: 3 ( as of 2004-07-31)
- Area of Operation:
- Participant(s)/Backer(s)/Investor(s): n/a
Brief Description
AfriCap Microfinance Fund is an equity investment fund with the value of $15 million. It makes investments into the MFIs committed to commercial viability in the
AfriCap integrates a number of elements in each investment package, it operates with a model similar to the venture capital model. This means that, in addition to the capital investment in the form of equity, it also provides related technical assistance and advices. These additional supports are provided, both directly by the Fund Manager and through the extensive network of expertise available to AfriCap. The Technical Services Facility (TSF) is a grant facility managed by the Fund Manager and financed by CIDA, DFID, FMO and USAID. (source: www.africapfund.com and www.mixmarket.org)
Contact Information
B.P. 5909,
Peter Gachuba, (254) 20 220 263
Link on MIX Market
http://www.mixmarket.org/en/supply/supply.show.profile.asp?token=&ett=500