I&P Management acquired 100% of Newpack in July 2008 through the first LBO involving Mauritius and Madagascar. Company Headquarters: Madagascar Business focus: Corrugated cardboard packaging for transformation industries Revenue: US$10.4 million (FY 2010) impact highlights Newpack leveraged its sustainability achievements to attract new clients, including one of Madagascar’s… Read More
Actis helped Umeme secure a US$25 million loan from IFC. Company Headquarters: Uganda Business focus: Distribution of electrical power Growth: Since 2005, Umeme has added more than 100,000 new customers and currently connects over 50,000 new customers yearly impact highlights With support from Actis, Umeme has connected more… Read More
Cordiant Capital invested in Banro via a US$13 million PIPE transaction. Company Headquarters: Democratic Republic of the Congo Business focus: Gold exploration and development Revenue: Stock market cap of US$900 million Employees: Banro is one of the largest private employers in the region with 3,300 employees impact… Read More
TunInvest-AfricInvest Group invested US$19.5 million for a 31.2% stake in 2006. Company Headquarters: Tunisia Business Focus: Flexible Packaging Revenue: US$33.3 million (2010) Employees: 209 Impact Highlights With support from TunInvest, Cogitel has grown from a family-owned SME with a highly fragmented equity structure into the core holding… Read More
EMPEA recently participated in the West Africa Private Equity Roundtable, an event that brought together representatives from pension funds, insurance companies and regulatory bodies in Ghana and Nigeria with the goal of educating and, in the process, gaining a better understanding of the major constraints hindering local participation in… Read More
Expert commentary by tuninvest-africinvest group The extraordinary events in Tunisia, which were sparked by a spontaneous youth movement protesting unemployment, social inequities and corruption will undoubtedly have a long-term impact on the investment environment there. TunInvest-AfricInvest Group shares an analysis of the short- and long-term outlook for Tunisia, based on… Read More
The buzz surrounding the African private equity opportunity has escalated during the global economic crisis, as the region's brand has continued to subtly improve. Despite increased interest, actual private equity dollars in play in Sub-Saharan Africa remain at modest levels. However, significant developments currently taking place at the margins… Read More
Emerging Capital Partners (ECP) invested in 2007. Company Headquarters: Algeria Business focus: Insurance Revenue: EUR22 million Employees: 762 impact highlights In 2009, GAM sales grew twice as fast as the market with sales growth reaching 30%. Over the first half of 2010, GAM sales grew by more… Read More
Ethos invested ZAR 1.3 billion in 2007. Company headquarters: South Africa Business focus: Value added distributor of niche industrial and retail products Revenue: ZAR1.5 billion Employees: 971 impact highlights Ethos introduced Brandcorp to a number of highly valuable contacts, from investors to business partners Brandcorp now has a… Read More
Kingdom Zephyr Africa Management invested US$13.4 million in 2004. Company Headquarters: Botswana Business focus: Consumer loans On loan: US$192.4 million Employees: 389 impact highlights Letshego is among the top three most profitable domestic companies on the Botswana Stock Exchange 37% of Letshego’s top line growth now comes… Read More
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