Private equity firm

Advanced Finance & Investment Group LLC (AFIG Funds)

Compiled from public sources

Advanced Finance & Investment Group LLC (AFIG Funds) is a private equity fund management company that targets small and medium-sized enterprises (SMEs) and mid-market companies in Sub-Saharan Africa. Founded in 2005 and headquartered in Port Louis, Mauritius, the firm operates with additional offices in Dakar, Senegal; Johannesburg, South Africa; and Washington, D.C., USA. AFIG Funds employs an investment strategy focused on "transformational growth," providing not only expansion capital but also technical and operational value addition across five key pillars: Human Resources, Financial and Internal Controls, IT/MIS, and Environmental, Social, and Governance (ESG) standards. The firm seeks to build regional and global leaders from local African companies, primarily through minority equity and near-equity investments.

Investment focus

Sectors
Financial servicesConsumerAgriculture and foodManufacturing and industrialsHealthcare
Stages and strategies
Growth
Instruments
EquityMezzanine
Regions
Western Africa, Central Africa, Eastern Africa
African markets named in public materials
Senegal, Mauritius

Funds managed

Sources

  1. Partner Researchers, accessed 14 November 2026