Cathay AfricInvest Innovation Fund is the first late-stage Pan-African Innovation fund connecting Africa with the world’s leading innovation ecosystems. The Fund targets investments in startups or ventures (either local, regional or global) that leverage technology and innovative business models to respond to African socio-economic challenges and offer innovative products and services to the growing African population. The fund’s aspiration is to have a significant impact on the African continent through the development of skills and know-how, corporate value creation as well as economic, financial and social inclusion with strong ambitions for return on investment.
- Fund size
- 120m
- Geography
- Africa
- Sector(s)
- Generalist
- Vintage year
- 2019
- EIB commitment
- USD 15m
- Website
- https://www.africinvest.com/