Lavanya Anand is senior investment manager at AfricInvest, one of the most established private equity and venture capital investors on the continent. “AfricInvest is a larger investment group that’s actually been around for 30 years, so it’s one of the oldest investors in Africa. Back in 1994, it started off primarily as a private equity firm, initially focused on Tunisia, and then the Maghreb region, and then over time it gradually expanded to all of Africa,” Anand said. So we like to find companies where we can use that network to provide support,” she said. “Then that’s an area where we can now provide support to help them scale up that second and third market,” she said.

Source: The North Africa Journal July 26, 2024 12:34 UTC