This site is part of the Informa Connect Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

SuperReturn Africa
5 - 7 December 2022
The Westin Cape TownCape Town

AfricaGrow GmbH & Co

Profile

AfricaGrow is a fund of funds domiciled in Germany, which aims to support small- and medium-sized enterprises (SMEs) and start-ups on the African continent, by investing in Pan-African regional and country-specific private equity and venture capital funds with proven track records and capacities. The Fund intends to have a catalytic effect on the emerging and dynamic African SME and start-up ecosystem, and thus contribute to the promotion of jobs and income, as well as strengthening sustainable economic growth.

The AfricaGrow initiative is evidence of the cooperation between public and private partners and amounts to EUR 200 million in total. EUR 100 million come from the Federal Ministry for Economic Cooperation and Development (BMZ), EUR 30 million from KfW subsidiary DEG and 70 million from Allianz insurance companies, general accounts. The Fund is managed by Allianz Global Investors and advised by DEG Impact. 

We're bringing you

  • GP Masterclass Breakfast: What makes a fund manager attractive?

    07:45