Kibo Capital Partners invests in Saviu Ventures

22 Mar 2019

Kibo Capital Partners (KCP) today announced an investment in Saviu Ventures Ltd, an investment company whose objective is to partner with promising technology companies in East and West Africa, driving growth through financial, managerial and strategic support. The investment was done through the Kibo Fund II.


The investment is a play on the rapid emergence of the technology space in sub-Saharan Africa. According to the lead partner on the transaction, Mr Thierry Hugnin, rapid digitalization across industries is enabling of a number of innovations and has disrupted traditional brick and mortar markets. By investing in Saviu, Kibo will have the opportunity to actively participate in this development and create significant synergies to its existing portfolio of investments.


Financial details of the transaction were not disclosed.

-END-

« Back to Member News

Gain insights from representatives of @CDCgroup @deginvest_int @FinDev_Canada @FMO_development and @IFC_org on the… https://t.co/4Kq5TjX3Ca

Join us on this interactive webinar series to hear from key industry stakeholders on the steps they are taking to n… https://t.co/V1M2SLWk7c

In 2019, Africa’s private equity fundraising bounced back with a reported value of US$3.8bn, with 24 of this value… https://t.co/BZepHJvShc

We are pleased to present our Annual African Private Equity Data Tracker; a report showing 2019’s African private e… https://t.co/bTc00xSfAw

Join us on Wednesday, 8th April 2020, for an interactive webinar to discuss the steps industry leaders are taking t… https://t.co/igWB9EdkDq

;