ABout US

AfricInvest Private Credit is a non-bank financial institution, providing properly structured debt financing solutions to Small and Medium Enterprises (SMEs) in Africa.

The AfricInvest Group, one of the leading private equity firms in North and sub-Saharan Africa, partnered with FMO, the Dutch development bank, an emerging market private equity fund managed by MicroVest Capital Management and Finnfund, the Finnish development finance institution, to create AfricInvest Private Credit. While delivering market returns, AfricInvest Private Credit aims to achieve social impact.

AfricInvest Private Credit was launched in May 2014 as SFC Finance Ltd. and commenced its operations with committed shareholders’ equity of USD 20 million and an initial USD 50 million debt facility extended by the Overseas Private Investment Corporation (OPIC).

AfricInvest Private Credit will focus on lending to successful African SMEs in need of funding for growth or expansion, primarily as a senior secured offshore lender. It will structure financial offerings with tenors adapted to the cash generation capabilities of the SME. AfricInvest Private Credit has management, staff and credit committee members that are independent from AfricInvest Group’s private equity activities.

Understanding that medium-sized African businesses typically have different collateral to offer than their larger counterparts, AfricInvest Private Credit will work with them on a flexible basis to ensure that deserving borrowers have access to appropriate debt financing

• 2014
  launched in
  May 2014
• ^$20 M
  committed shareholders’
  equity
• ^$50 M
  debt facility