Investment Summary

Africinvest Invests In I&M Bank Rwanda

On March 17, 2020, growth capital firm Africinvest invested in financial services company I&M Bank Rwanda

Investment Highlights
  • This is Africinvest’s 6th transaction in the Financial Services sector.
  • This is Africinvest’s 1st transaction in Rwanda.

Investment Summary

Date 2020-03-17
Target I&M Bank Rwanda
Sector Financial Services
Investor(s) Africinvest
Deal Type Stake Purchase

Target

I&M Bank Rwanda

Kigali, Rwanda
I&M Bank Rwanda is a commerical bank in Rwanda. Today, the bank has a regional presence in Kenya, Tanzania, and in Mauritius (as Bank One) with multiple branches and location providing innovative financial services to customers across different segment of Corporate Banking, Retail Banking and Business Banking. I&M Bank Rwanda is based in Kigali, Rwanda.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Africinvest

Tunis, Tunisia

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1994
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Africinvest is a private equity firm focused on growth investments in African companies. The Firm generally targets minority investments in small to medium-sized companies, but Africinvest will consider select majority situations. Africinvest does not have any sector preferences and looks to hold for 4 to 6 years. Africinvest was formed in 1994 and is headquartered in Tunis, Tunisia.


DEAL STATS #
Overall 37 of 57
Sector: Financial Services M&A 6 of 8
Type: Stake Purchase M&A Deals 8 of 11
Country: Rwanda M&A 1 of 1
Year: 2020 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-03 Le Wagon

Paris, France

Le Wagon is a coding school open to all and offers short and intensive training (bootcamp) in web development and data science. Le Wagon's mission is to enable the greatest number of people to learn technical skills in order to update their skills, promote their retraining, or to provide them with the tools they need to launch their project. Le Wagon was founded in 2013 and is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-24 Fidelity Bank

Accra, Ghana

Fidelity Bank is a privately-owned bank. Fidelity offers a comprehensive range of innovative products and services in the retail and corporate space, through a steadily growing network of branches and various digital channels. Fidelity Bank was founded in 1998 and is based in Accra, Ghana.

Buy -