AfricInvest Europe
French management company (subsidiary) of AfricInvest Group
Also known as Africinvest Europe SAS, AFRICINVEST EUROPE
Paris AMF-authorised PE firm (AfricInvest group) managing the French-African Funds 1–3: €5–10M equity tickets in French SMEs (€20–300M sales) expanding in Africa; c. €150M managed.
- HEADQUARTERS
- Paris, France
- FOUNDED
- —
- AUM
- €150M (2026)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 5 people
FOCUS
- STAGES
- Growth
- ASSET MIX
- Private equity
- GEOGRAPHY
- FranceAfrica
WHAT IT IS
Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.
ABOUT
AfricInvest Europe is a French portfolio management company authorised by the AMF (GP-16000028) and a subsidiary of the pan-African private-equity group AfricInvest. A dedicated Paris team manages the Franco-African Funds (FFA 1, 2 and 3), FPCIs that invest in French SMEs with €20–300M of revenue that want to grow in Africa, with €5–10M tickets in equity and quasi-equity, usually as minority investors. Their investors include Bpifrance, Société Générale, Orange, BNP Paribas, Proparco, CNPS Côte d’Ivoire, Saham, Financecom, the Central Bank of Kenya Pension Fund, family offices and AfricInvest itself. It reports around €150M under management and 20 portfolio companies, and French-African Fund 3 made its first investment, in HTDS, in June 2026.
INVESTMENT THESIS
French SMEs with high development potential and financial strength (revenue €20–300M), sector-agnostic (health, education, environment, industry, packaging, travel), minority investments in majority or minority transactions with €5–10M tickets in equity and quasi-equity, plus access to African markets through the AfricInvest group.
PORTFOLIO (20)
- HTDSNOTABLEIndustrial & Manufacturing · since 2026
- PiriouNOTABLEIndustrial & Manufacturing
- Le WagonNOTABLEEducation
- AltereoClimate & Energy
- Etude Généalogique Guénifey (EGG)
- MariettonConsumer & E-commerce
- Piex
- AfitexIndustrial & Manufacturing
- Pharmatis
- MathevonIndustrial & Manufacturing
- Clayens NPIndustrial & Manufacturing
- GSH Group
- Amerigo GroupConsumer & E-commerce
- RagniClimate & Energy
- BAOBAGIndustrial & Manufacturing
- Fondasol
- TechnammIndustrial & Manufacturing
- JemsSoftware & SaaS
- Hemodia
- TecofiIndustrial & Manufacturing
TEAM
LINKS
FAQ
AfricInvest Europe is a private equity fund based in Paris, France.
Yes. AfricInvest Europe invests directly in private companies.
AfricInvest Europe invests at Growth stage in Industrial & Manufacturing, Education, Climate & Energy and Consumer & E-commerce.
AfricInvest Europe's stated ticket size is €5M–€10M.
Key people at AfricInvest Europe include Khaled Ben Jennet (Managing Partner), Stéphane Colin (Managing Partner), Clémence Kolb (Private Equity Director) and Fatma Mebarek (Legal Officer).
AfricInvest Europe's investments include HTDS, Piriou, Le Wagon, Altereo, Etude Généalogique Guénifey (EGG), Marietton, Piex and Afitex, among others.
The most recent publicly reported investment by AfricInvest Europe is HTDS (First investment of French-African Fund 3, alongside Trocadero Capital Partners, Bpifrance and Société Générale Capital Partenaires), announced in Jun 2026.
Yes. AfricInvest Europe manages capital from outside investors.