Fund vehicle

Ascent Rift Valley Fund I (ARVF I)

Compiled from public sources

Ascent Rift Valley Fund I (ARVF I) is a generalist private equity fund focused on small and medium-sized enterprises (SMEs) in East Africa. Launched in 2014, the fund provides growth capital to companies with proven track records and significant potential for expansion, primarily in Ethiopia, Kenya, and Uganda. ARVF I targets majority or significant minority stakes in businesses operating in consumer-driven sectors, including healthcare, fast-moving consumer goods (FMCG), manufacturing, and financial services. The fund manager, Ascent Capital Africa, employs a hands-on operational approach, maintaining local advisory offices to support the institutionalisation and regional scaling of its portfolio companies.

Manager

Ascent Capital Africa Ltd

Vintage

2014

Strategy

Private Equity

Target size

$60m

Size

$80m

Status

Fully Invested