AfricInvest Exits EFC Zambia Following Acquisition by NMBZ Holdings

13.02.2026

AfricInvest announces the successful exit of its AfricInvest Financial Sector Fund (AFS) from Entrepreneurs Financial Centre (EFC) Zambia following its acquisition by NMBZ Holdings Limited, a leading Southern African financial services group. Founded in 1994 and licensed by the Bank of Zambia, EFC Zambia is a deposit-taking microfinance institution serving micro, small, and medium-sized enterprises (MSMEs) across the country. AfricInvest, alongside Desjardins International Development (DID), has supported the institution’s growth through strengthened governance, capital support, and capacity building. The transaction marks the next phase of development for EFC Zambia and reflects AfricInvest’s commitment to advancing sustainable financial institutions that promote financial inclusion and long-term economic impact.
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