AfricInvest provides US$2.9-million debt funding to Vida e Caffe (Ghana)

AfricInvest has provided debt funding of US$2.9-million to Vida e Caffe (Ghana) which is a chain of coffee shops that are currently expanding within Ghana. Funding was provided through the AfricInvest Private Credit fund which will assist with further growth of the coffee chain into Cote d’Ivoire.

AfricInvest, part of the Integra Group (based in Tunisia) was established in 1994 and is known as one of the most experienced private equity investors on the African continent. AfricInvest has over US$1.5 billion in funds under management across 18 funds with support from both local and international investors including leading development finance institutions in the United States and Europe. Having co-founded the African Venture Capital Association (AVCA), the Middle East North Africa Private Equity Association (MENAPEA) as well as the Euromed Capital Forum, the firm is an active promotor of the private equity industry in Africa.

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