Industry Newsroom

AfricInvest Acquires Minority Stake in Rwanda’s I&M Bank

Pan-African private equity fund manager AfricInvest has acquired a minority stake in Rwanda’s I&M Bank through its AfricInvest Financial Inclusion Vehicle (FIVE). The fund invests in the financial services sector across Africa and is backed by African and international institutional investors including FMO, BIO, Norfund, KfW, AfDB, and IFU. Read more