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

AVCA Member News: Development Partners International’s African Development Partners III Fund chosen as the first 2X… https://t.co/SUvJxhSFhv

AVCA Member News: Inside Capital Partners portfolio company KCB merges with Beta Read more: https://t.co/bGB4YQjA98

We are pleased to present our 2020 H1 African Private Equity Data Tracker. The report provides a provisional look… https://t.co/U6NBsOP2BT

@fDiIntelligence: The resilience of investment in Africa’s technology sector mirrors the growth of the African tec… https://t.co/TJ8CGqK9qn

AVCA Member News: CDC, FMO, Norfund et al. back Greenlight Planet Read more: https://t.co/CmZZUf3ZlG

;