CHOOSE AFRICA FUNDING OPPORTUNITY

The French Choose Africa initiative fulfils France’s commitment to support African entrepreneurship. With Choose Africa, AFD Group (Agence française de développement and its private sector financing arm, PROPARCO) makes all its tools available to African start-ups, microenterprises and MSMEs to finance and assist them at the various stages of their development, particularly through local partners supported by the Group. AFD Group has partnered with the following organization to provide funding to enterprises in Africa:

Funding Partner	Financing/Services Available	Eligible Companies	Contact
Africinvest Cathay Innovation	Early stage & Growth investment: $1-$10m	innovative SMEs/start-ups	https://cathayinnovation.com/
Leapfrog Emerging Consumer Fund III LP	Growth capital: 10 - €30M	MSMEs	https://leapfroginvest.com/
IPAE II (Investisseurs & Partenaires)	Early stage & Growth investment: 0,3 - €3M	Start-up, SME & microfinance institution	https://www.ietp.com/fr
Africinvest IV	Growth investment	SMEs/start-ups	https://www.africinvest.com/
Energy Access Venture Fund (EAV)	Early stage & Growth investment 0,5 - €4M	Start-ups in the renewable energy sector/offgrid	https://www.eavafrica.com/
Mercy Corps Europe	Seed financing, technical support	Start-ups tech	https://www.mercycorps.org/ventures
ABAN	Seed financing, mentoring	Start-ups tech	https://abanangels.org/
Accion Venture Labs	Early stage investment 200 - $500K	Fintech Startup	https://www.accion.org/how-we-work/invest/accion-venture-lab
Partech	Early stage & Growth investment 0,5 - $5M	Start-ups tech	https://partechpartners.com/
Tide Africa	Early stage & Growth investment 0,5 - $5M	Innovative start-ups/SMEs	https://tlcomcapital.com/about