Private equity firm
Advanced Finance & Investment Group LLC (AFIG Funds)
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
- Partner Researchers, accessed 14 November 2026