Saviu Partners Secures USD 7.6 M From AfDB To Scale Francophone Africa Startups

Saviu Partners has secured a EUR 6.5 M (USD 7.6 M) commitment from the African Development Bank for its second fund, Saviu II, targeting early-stage tech startups in Francophone West and Central Africa.

The blended investment includes EUR 4.5 M in equity and EUR 2 M as a first-loss tranche under the Boost Africa programme, designed to crowd in private capital.

Building on its 2018-launched debut fund, Saviu II writes cheques between EUR 500 K and EUR 3 M and plans to back about 20 startups, primarily in Côte d’Ivoire, Senegal, Benin, Cameroon and neighbouring markets.

With previous closes bringing the fund to EUR 25 M, Saviu is positioning itself as a key institutional bridge for underserved Francophone tech ecosystems.