The African Agriculture Fund Concludes an Investment in Côte d’Ivoire (Sub-Saharan Africa)

Source: Phatisa

The African Agriculture Fund (AAF), a private equity fund managed by Sub-Saharan Africa-focused fund manager Phatisa, has invested in Continental Beverage Company (CBC), a Côte D’Ivoire-based bottler and distributor of mineral water. CBC, a wholly owned subsidiary of West and Central African conglomerate The Teylium Group, markets the Olgane brand of mineral water. Financial details of the transaction were not disclosed.