$5.4M sweet spot round size
Most of their 3 investments are in rounds between $1M and $5.4M
2000
Invest in Africa raised $1M on December 13, 2021
Investors: AFD Group
Groupe Baobab raised $5.4M on October 27, 2009
Investors: European Investment Bank, PlaNet Finance and AFD Group
Groupe Baobab raised $18M on January 1, 2005
Investors: PlaNet Finance, European Investment Bank, IFC Asset Management Company (AMC) and AFD Group