Aureos East Africa Fund

  • Region: Africa
  • Country: Regional
  • Sector: Investment funds
  • Year: 2003
  • Domicile: Mauritius
  • Instrument: Fund
  • Commitment (MNOK) as of 31.12.2016: 4.5
  • Original Commitment (MNOK): 48.7

AEAF invested in small- and medium-sized enterprises in East Africa, with a particular focus on Kenya, Tanzania and Uganda.  Other investors included the British CDC and the Swiss SIFEM.

The fund was active in the development of its investments, and provided management skills, strategy and business development, in addition to improvement of financial management and reporting in the enterprises. The long-term development effects of these efforts included sound and viable enterprises, competence enhancement and transfer, places of employment and economic growth.

Aureos East Africa Fund is today incorporated in the Abraaj Group. The fund has reached the end of its term and is in the process of being wound up.

Below is a video with an example how investments through Aureos and the Abraaj Group contributes to jobs in Kenya.

 

video athi river steel

 

 

Norfund - The Norwegian Investment Fund for Developing Countries

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