Adenia Partners

Adenia Partners is a private equity firm based in Saint Pierre, Mauritius, founded in 2002. The firm specializes in mid-market investments, targeting promising businesses across various sectors in Sub-Saharan Africa, including agribusiness, manufacturing, financial services, healthcare, consumer goods, and technology. By focusing on these key industries, Adenia Partners aims to foster growth and development in the region's economy. Through strategic investments, the firm seeks to enhance the value of its portfolio companies while contributing to the broader economic landscape in Africa.

Dan Apungu

Principal

Stephane Bacquaert

Managing Partner and Board Member

Charles Boatin

Investment Manager

Florent de Boissieu

Partner

Antoine Delaporte

Founder, Managing Partner and Investment Committee Member

Nnennia Ejebe

Partner

Martha Osier

Partner

Pamela Ramigadu

CFO

Christophe Scalbert

Partner

Past deals in Ghana

Cresta Paints

Acquisition in 2015
Cresta Paint Industries Ltd. is a prominent paint manufacturing company based in Accra, Ghana, established in 2002. It specializes in the production and supply of a diverse range of products, including polyurethane paints, clears, hardeners, thinners, adhesives, and other ancillary items. The company also offers automotive refinishing products, protective and marine coatings, architectural coatings, and construction chemicals. Cresta Paints has a technical joint venture with Noroo Paint and Coatings Co. Ltd., South Korea's largest paint manufacturer, allowing it to produce high-quality automotive refinishing products. Additionally, the company represents Jotun Paints, a major global supplier of protective and marine coatings, serving various markets including offshore, airports, and energy sectors. With a focus on innovation and high technology, Cresta Paints caters to clients in Ghana and neighboring West African countries, making significant contributions to the construction and hydrocarbon processing industries.

DDP Outdoor

Acquisition in 2014
DDP Outdoor Ltd. is a prominent provider of outdoor advertising services in Ghana, founded in 1973 and headquartered in Accra. The company specializes in a variety of advertising solutions, including site selection and evaluation, billboard fabrication and installation, exhibition construction, and digital printing. Additionally, DDP Outdoor offers airport advertising, premier panels, specialty advertising, and transit advertising services. With a comprehensive network of advertising platforms, DDP Outdoor aims to enhance brand recognition and enable clients to effectively reach their target audiences in a cost-efficient manner.
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