Cathay Innovation and AfricInvest to raise $168M Africa VC fund www.cathayinnovation.com

1. April 2019
Cathay AfricInvest Innovation Fund

2. AfricInvest
Abidjan, Côte d’Ivoire
Algiers, Algeria
Cairo, Egypt
Casablanca, Morocco
Lagos, Nigeria
London, UK
Nairobi, Kenya
Paris, France
Port Louis, Mauritius
Tunis, Tunisia
A leading pan-African player operating
through 10 offices across Africa & Europe
Key numbers
€1.2bn
Funds
Raised
18
Funds
Since
Inception
152
Portfolio
companies
84
Exits
(15 Partial)
75
Professionals
16 Nationalities
25
Countries
Invested

3. Cathay Capital
Key numbers
+€3bn
Under
Management
3
Continents
6 Offices
+70
Investments
+40
Investors
+90
Professionals
+20
Exits
Cathay capital is a global investment platform
founded in 2006 which has reached more than 3 billion
assets under management, expanding its presence across
three continents

4. We are on a mission for the creation of the first African leaders of
innovation
We support African entrepreneurs to develop their startups on the whole
continent and connect them directly to all the world innovation hubs
OUR VISION

5. Launching the first Pan African, Venture Capital Fund
AfricInvest and Cathay provide together a global presence and a strong track record investing both in Africa and in
Innovation
Unparalleled pan-African and global
presence, existing portfolio and
network in Africa, China, the USA and
Europe
A skilled and experienced team to
support entrepreneurs with our
proven hands-on approach
Strong track record in early and
growth stage investment.
Global experience
Highly Supportive
Strong track record
Focus on innovative and scalable
post-revenue ventures based in or
with a focus on Africa.
Series A, B,C in digital startups
of Fintech, Ed-tech, telecom,
smart Energy, etc…
Geographic focus
Investment focus
Large Fund size
Cathay
AfricInvest
Innovation
Fund

6. $53m
Analysis
70%
FinTech, Energy and E-
commerce/Logistics
represent 65-70% of total
capital invested in the past 5
years
African VC Investments GrowthAfrican VC activity is growing rapidly, reaching +1B€ by 2020
2012
2015
$411m
2018
$1300m
An emerging fast growing
sector is Software,
followed by EdTech,
AgTech and HealthTech

7. Increasing number of innovation hubsSouth Africa, Nigeria, Kenya and Egypt are the most active innovation hotspots in the continent
Morocco Tunisia
Egypt
Kenya
Uganda
Zimbabwe
Senegal
Côte
d’Ivoire
Ghana
Nigeria
South
Africa
80%Four regional hubs absorb
almost 80% of all the VC
funding
442 ACTIVE
INNOVATION HUBS
In 2018
314
In 2018

8. Great inequality
Significant gaps in wealth distribution, financial
exclusion, access to energy, education or basic
services
Booming innovation in
Africa
Combination of existing African socio-economic gaps and innovation drivers creates opportunities for ventures to
leapfrog
Poor infrastructure
Low investments resulting in poor infrastructure for
transportation, communication and services
Low productivity
Fragmented industries, lack of professionalism and
low technology adoption
Inadequate regulation
Markets are closed for competition with limitations on
trade, investments and financial transactions
Demographics
Population growth, rapid urbanization and changes in
consumer behavior
Leapfrogging infrastructure & technology
Emergence of new infrastructure and arrival of
breakthrough tech
Pragmatic regulators
Increasingly tolerant regulators, passing pro-
innovation bills
Brain circulation
Growing convergence of people with talent and drive
to change Africa
AFRICA DEVELOPMENT GAPS INNOVATION DRIVERS

9. Contacts