Google Africa Investment Fund

Public data, unclaimed profile

Investisseur référencé à partir d'opérations publiées. Secteurs, pays, instruments et tickets affichés d'après ses opérations ; le fonds peut revendiquer sa fiche pour préciser sa thèse.

At a glance

Based on observed investment behaviour: 2 recorded deals

Investor type: Private equity or venture capital fund (inferred, not verified)
Capital type: Private equity (inferred from profile)
Observed ticket: 100 M$ – 110 M$, median 105 M$ (2 disclosed amounts)
Countries: Ghana (1), Nigeria (1)
Activities: Payments and mobile money (1), Telecom towers and fibre (1)
Instruments: Equity (2)
Stages: Growth (1), Series C+ (1)
Recent activity: 0 deal in 12 months, latest Oct 2024

Stated thesis versus observed behaviour

Fewer than three recorded deals: insufficient evidence to compare thesis and behaviour.

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Investment thesis

Criteria inferred from recorded deals: the fund has not stated its thesis yet.

Investment ticket: n/a
Instruments: Equity*
Preferred sectors: Fintech*, Telecoms & digital infrastructure*
Target geographies: Ghana*, Nigeria*
Stages (stated by the fund and from its deals): Series BSeries C+Growth

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

Moniepoint

October 2024 · Nigeria

Series C+110 M$EquityFintechCo-Invest

Co-investor alongside DPI (Development Partners International)

Activity : Payments and mobile money

Instrument : Série C clôturée à 200 M$ en octobre 2025 (LeapFrog en ancrage de la clôture finale) · Vehicle : African Development Partners III

Fintech ecosystem providing payments, banking, credit and management tools to businesses and their customers.

Why they invested

Moniepoint is a major business-banking provider in Nigeria.
The company has strong adoption of its payment solutions.
The investment is intended to scale digital payments and banking services.

Advisers

Financial Technology Partners — conseil financier et stratégique exclusif, company side

Co-investors LeapFrog Investments, Lightrock, Verod Capital

Source : dpi-llp.comN1 · Primary source

CSquared

November 2017 · Ghana

Growth100 M$EquityTelecoms & digital infrastructureCo-Invest

Co-investor alongside Convergence Partners

Activity : Telecom towers and fibre

Instrument : Investment of up to $100 million · Vehicle : Convergence Partners Communications Infrastructure Fund

Open-access broadband infrastructure operator with fibre networks in Ghana, Uganda and other sub-Saharan African markets.

Why they invested

Deployment of metropolitan fibre networks.
Accelerating access to affordable broadband connectivity.
Developing the sub-Saharan digital economy.

Co-investors IFC (International Finance Corporation), Mitsui & Co., Ltd.

Source : convergencepartners.comN1 · Primary source

In short

Google Africa Investment Fund invests across the following sectors: Fintech and Telecoms & digital infrastructure, in the following areas: Ghana and Nigeria. Check in 30 seconds whether your company fits these criteria.

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