Partech Africa (IFC-39954)

  • Senegal
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 12, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
The holder of the loan, grant, or other investment.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 17.56 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR15million
Converted using 2017-10-03 exchange rate.
Project Cost (USD)
$ 117.08 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR100million
Converted using 2017-10-03 exchange rate.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 3, 2017

Disclosed by Bank Sep 11, 2017

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
Partech Africa Fund (“Partech Africa” or “the Fund”) is a EUR € 100 million early-stage VC fund focused on businesses in the technology sector in SSA, or non-African companies whose primary business operations are based in Africa. The investment allocation will be split among Seed round, Series A and Series B rounds, with remaining capital reserved for follow-on rounds in top portfolio companies.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
Partech Partners General Partners General Partners +33 1 53 65 65 53 18, Avenue de Messine, 75008 Paris, France ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at