I&P takes stakes in Africa Radio and Barajii

Impact investment firm Investisseurs & Partenaires announced two deals last week for its Afrique Entrepreneur fund, a €54 million vehicle that is now in its last year of investment. No terms for either deal were disclosed.

While focused on the continent’s francophone markets currently, both Africa Radio and Barajii have pan-African ambitions. Of the two, Africa Radio is the more immature, and is currently under development. It plans  to be an independent African radio station, developing a suite of news, music and sports programs led by a team of Africa journalists.

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