Jumo World Ltd (formerly AFB (Mauritius) Ltd)

Africa Financial services

African Finance Bank (Mauritius) Ltd is a disruptive financial serivces business which uses mobile and retailer solutions to reach mass-market and SME customers across Africa with ethically designed financial products. Its products include mobile loans in partnership with MNOs and storecards in partnership with retailers.

We are invested in Jumo World Ltd (formerly AFB (Mauritius) Ltd) through Leapfrog Financial Inclusion Fund II, which is managed by LeapFrog Investments Group Limited. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.


We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

Intermediated investment
Leapfrog Financial Inclusion Fund II
Fund Manager:
LeapFrog Investments Group Limited
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

January 2015

This is the investee company’s place of incorporation; or a fund’s jurisdiction.