Amethis

Amethis is an investment fund manager dedicated to the African continent, with an investment capacity exceeding €725m. Amethis brings growth capital to promising midcap champions in a diversity of sectors throughout the African continent.As an active shareholder, Amethis offers key support and expertise through its international network, its opportunities of external growth and its value-added governance.
JB

Jean-Sébastien Bergasse

Senior Partner

Laurent Demey

Managing Partner

KK

Khady Kone-Dicoh

Partner

JL

Jean-Thomas Lopez

Partner

Laureen Astrid Kouassi Olsson

Head of West Africa office, Financial Institutions Head and Investment Director

AP

Aurélie Pujo

Senior Partner - General Counsel

Luc Rigouzzo

Managing Partner

AR

Abel Rossignol

Associate

HT

Hamada Toure

Investment Director

Past deals in Mauritius

Econet Wireless

Debt Financing in 2015
Econet Wireless Zimbabwe is Zimbabwe's largest provider of telecommunications services, providing solutions in mobile and fixed wireless telephony, public payphones, internet access and payment solutions. Econet launched its network on the 10th of July 1998 and listed on 17th September 1998. It is one of the largest companies on the Zimbabwe Stock Exchange in terms of market capitalisation. The company continues to upgrade its network to carry more subscribers, and further widen its geographical coverage, which is already the most extensive in Zimbabwe. In 2009, the network became the first operator in Zimbabwe to launch data services under 3G technology. The company's key infrastructure at the start of 2010 included three switches. In 2009, Econet began building an extensive fibre optic network, and also commenced an accelerated rollout of other key network infrastructure. Key subsidiaries and associates of Econet are Liquid Telecom, the largest internet service and access provider in Zimbabwe, and Transaction Payment Solutions , a leading provider of financial transaction switching, point-of-sale and value-added support services. In line with its Christian-based vision and mission, Econet has a broad strategy for social and community investment, run under the "Econet in the Community" banner. Through these programmes, Econet supports a diverse range of charitable causes, which include children orphaned by AIDS/HIV, religious and church organisations, as well as an annual scholarship program that provides financial assistance to the brightest students selected from schools in the country's 10 provinces under the Joshua Nkomo Scholarship Fund (JNSF).

CDCI

Private Equity Round in 2014
The CDCI (Compagnie de Distribution de Cote d'Ivoire) came out of the CFCI-TRADING, a dismemberment of the former Compagnie Francaise de Cote d'Ivoire (CFCI) established at the end of the 19th century in Abidjan. On January 3, 1989, CFCI-TRADING (a subsidiary of the Unilever African Company (UAC) group became the Ivory Coast Distribution Company (CDCI), a company specializing in the marketing of Unilever products in Côte d ' Ivoire, with 18 stores. December 4, 2002, Unilever-CI sells the company CDCI to its new owners who have a solid experience in large-scale distribution in CI and are known to be the head of the SOCOCE distribution company. On their arrival, they inspire a certain dynamism and a new commercial vision for the company, which is based on four pillars: 1. Proximity: Implement the CDCI and KING CASH outlets as close as possible to the populations; In the towns, districts, sub-prefectures and villages of Côte d'Ivoire. 2. Provide high-quality product lines 3. Focus our efforts on meeting the needs of our clients 4. Trust and practice a policy of integrating and empowering the human resources of our stores with material motivation according to well-defined objectives. Today, CISC has the largest national distribution coverage with its network of over one hundred wholesale, ½ wholesale and retail stores throughout Cote d'Ivoire. The new management system put in place to inject a dynamism and an expansion of activities involving huge investments and resource personnel. In its development, CDCI is committed to being a corporate citizen by being involved in the many social actions across the Ivory Coast, by supporting charities and direct aids to the population through its Sponsorship and sponsorship.

WB Africa

Private Equity Round in 2017
WB Africa operates as an African independent communication network. The company works in the fields of strategic consulting, creation, and media and digital. It offers web marketing, advertising control, event, audiovisual, and edition services. The company was founded in 2016 and is based in Casablanca, Morocco. It also has operations in Algeria, Tunisia, Libya, Mali, Senegal, and Côte d’Ivoire.
Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

UT Bank Ghana

Debt Financing in 2013
UT Bank Ltd. provides various commercial banking services to individuals, enterprises, corporations, residents, non-residents, associations, and government agencies in Ghana. Its products and services include all-in-one, current, fixed deposit, foreign currency, foreign exchange, savings, unique, and young saver's accounts; various investment products; loan products, such as social and business loans; and business advisory services, including business financing, investment management, organizational restructuring, and portfolio management services.

Disway

Private Equity Round in 2015
Disway is a distributor of IT in Morocco, resulting from the merger in 2010 of the leaders in IT distribution: Distrisoft and Matel PC Market. Disway is listed on the Casablanca Stock Exchange and is Certified ISO 9001. Disway offers a wide range of international brands from major software editors and hardware vendors as well as a full range of products and accessories. Disway operates in Morocco, Tunisia, as well as other countries in West and Central Africa.

Avacare Health Group

Private Equity Round in 2021
Avacare Health Group is a medical equipment company.

Elephant Africa Holding

Private Equity Round in 2015
Elephant Africa Holding is the producer of tissue paper products.

Groupe Premium

Private Equity Round in 2018
PREMIUM Group is a capital goods distribution company present in 7 West African countries: - Burkina Faso - Cameroon - Ivory Coast - Mali - Morocco - Senegal - Togo Premium Group is present in Morocco, at through its subsidiaries SRM, Ets BERENGER, SOCOPIM, AFIT-CCIC, Premium Rental and Premium Offshore. Our capital equipment offer covers diversified sectors: construction, mining & quarrying, industry, transportation, logistics and agriculture. Premium Group has developed a portfolio of brands that stand out for their reputation and the competitive advantage they provide in the African markets in terms of robustness and lifespan. Our value proposition includes sale and import of equipment, sale of spare parts, after-sales service and maintenance. We can also offer rental and fleet management solutions, depending on your needs. Whether you work with one or more of our subsidiaries, you are sure that all our employees are fully committed to serve you and motivated to find solutions tailored to your needs

Helios Towers DRC

Debt Financing in 2015
As the first independent tower company in Africa, Helios Towers Africa has been built from the ground up to provide passive infrastructure services in the fastest growing continent in the world. Seven of the world's ten fastest-growing economies are African. We have established one of Africa’s most extensive tower networks with more than 6,500 towers over four markets.

Boulos Enterprises

Debt Financing in 2015
Boulos Enterprises is a leading distribution and trading company for commercial motorcycle, power bikes , tricycle and outboard motors in Nigeria. It's brand list includes international renowned names like Aprilia, Moto Guzzi, and Haojue in addition to being the sole importer and distributor of Suzuki. For the benefit of the society and the environment, we employ modern technologies carefully tailored to fit the road and the climate conditions of Nigeria.

Novamed SA

Private Equity Round in 2015
Novamed is the largest operator in the healthcare sector in Ivory Coast. The Group includes six medical clinics, one dental clinic and one laboratory, representing a total of 250 beds. Novamed has a high growth potential, driven by increasing demand for high quality healthcare services from the middle class.

Tarjama and Ureed

Venture Round in 2021
Tarjama, a certified translation agency in Dubai and across the region, understands that in order to compete in today’s global market, businesses must be able to connect with their customers and stakeholders and communicate about their products and services in a way that fits into the regional and cultural context. What works in Europe or the US may simply not work in the Middle East. As cultural and linguistic experts, we help you transcend geographic borders and communicate globally!

CFG Bank

Private Equity Round in 2018
CFG Bank's value system has been focused on the quality of its human resources, customer culture and excellence, the cult of innovation and commitment.

Kenafric Industries

Private Equity Round in 2017
Kenafric Industries Ltd. produces and manufactures confectionery, food, footwear, and stationery products. Its products include chewing and bubble gum, lollipops, toffees, juices, icing sugar, candies, mchuzi mix, stock cubes, and curry powder. The company also offers slippers, gumboots, canvas, and exercise books. Kenafric Industries Ltd. was founded in 1987 and is based in Nairobi, Kenya.

Sodigaz Group

Private Equity Round in 2017
Sodigaz APC distributes butane gas, and liquid and gaseous petroleum products to authorized dealers. It also markets butane gas, gas equipment, and accessories to resellers and end consumers. The company was founded in 1986 and is based in Ouagadougou, Burkina Faso.

Magriser

Acquisition in 2021
Magriser offers the installation of micro-irrigation equipment and solar pumping systems, helping farmers to reduce water input while boosting the state of agricultural productivity.

Mutandis

Private Equity Round in 2017
Mutandis SCA engages in the provision of various consumer goods in Morocco and Africa. It provides seafood and fruit juice products; detergents, including washing powder, multi-purpose paste, bleach, multi-surface cleaning liquids, and washing-up liquids; and PET bottles and plastic bottle-caps for sodas, mineral and table water, cooking oil, and fruit juice. The company also exports its products to Europe and the Middle East. Mutandis SCA was incorporated in 2008 and is headquartered in Casablanca, Morocco.

Merec Industries

Private Equity Round in 2018
Merec Industries, SA manufactures and sells wheat and maize based products. Its products include wheat and maize flours, pasta, biscuits, bran, and animal by-products. The company was founded in 1998 and is headquartered in Maputo, Mozambique with additional offices in Machava, Beira, and Nacala, Mozambique.

Pétro Ivoire SA

Private Equity Round in 2013
Pétro Ivoire SA engages in the distribution of oil and gas product and by-products in Cote d’Ivoire. The company offers unleaded fuel, diesel, kerosene, lubricants, and butane gas. It owns and operates petrol stations and service outlets and offers car cleaning and repair services. The company also offers a rechargeable smart card for the purchase of fuel, lubricant, and gases. Additionally, it also provides its services through a mobile application. The company was founded in 1994 and is based in Abidjan, Ivory Coast.

Velogic Ltd.

Private Equity Round in 2013
Velogic Ltd. provides integrated logistics services for consumer goods, retail, fashion, healthcare, technology, industrial and building, and construction sectors worldwide. It offers freight forwarding, customs clearing, domestic transport, warehousing, container, shipping and project cargo, aviation–cargo GSA, exhibition, parcel and courier, customs brokerage, special sugar packaging, and stevedoring services.

CIEL Textile Limited

Private Equity Round in 2015
CIEL Textile Limited, through its subsidiaries, manufactures and sells knitted and woven garments in Mauritius, Madagascar, Asia, and South Africa. The company produces shirts for men and women, as well as fabrics; knitwear products; and T-shirts and polo shirts, sweatshirts, and joggers. It also operates retail outlets. CIEL Textile Limited also exports its products. The company was formerly known as Floreal Knitwear Limited and changed its name to CIEL Textile Limited in August 2001. CIEL Textile Limited was incorporated in 1971 and is based in Ebène, Mauritius. CIEL Textile Limited is a subsidiary of CIEL Limited.

Afriwara group

Private Equity Round in 2018
Afriwara is a producer and distributor of confectionery products and biscuits in West Africa.The company's range of offerings includes sweets, gums, biscuits and chips which are manufactured in Abidjan and Accra

Naivas Limited

Private Equity Round in 2020
Naivas is the online supermarket in Kenya provides you a convenient platform for online grocery shopping without leaving the convenience of your home or office. We have the widest selection of grocery items online with over 60,000 items on our online supermarket. We also offer you products from top brands. We provide you an amazing 3 hour grocery delivery all across Nairobi. Our online supermarket has various departments which include Baby Products, Oil & Sauces, Food Cupboard, Fresh Food, Cleaning, Perfumes, Books, Frozen Food, Toiletries, Alcohol, Medicines, Household Items, Beauty & Toiletries, Kenya Ingredients, Snacks, Dairy & Eggs, Fish, Meat, Drinks, and Food Items etc. Enjoy hassle free online grocery shopping experience with www.naivas.co.ke. With Naivas, online grocery shopping is much easier and faster. Shop for groceries online today!

Best Health

Private Equity Round in 2016
Best health distributes and installs technological medical equipment for hospitals and clinics in Morocco and Tunisia. It offers radiation therapy, medical imaging, cardiovascular equipment, and surgical and prescription devices. The company was founded in 2004 and is based in South Africa.

Ecobank Transnational

Debt Financing in 2015
Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

Separator

Private Equity Round in 2014
Separator Sarl manufactures fitters, cloisonneurs, carpenter products, and windows. It also offers implementation and maintenance services. The company was founded in 1998 and is based in Casablanca, Morocco.

Fidelity Bank Ltd

Venture Round in 2014
Fidelity Bank Limited provides banking products and services. The company offers current and savings accounts.

NSIA Insurance

Private Equity Round in 2015
NSIA operates in insurance, banking and finance, and real estate businesses. It provides life insurance products; and non-life insurance products, including automotive, home and property, transport, and personal accident. The company also offers checking accounts, savings accounts, term deposits, savings certificates, and bank assurance products; commercial loans, personal loans, mortgages, and leasing; other services, such as transfers, foreign exchange, asset management, electronic banking, and money transfers; and financial engineering, trading, asset management, product portfolio management, and finance research services.

Pétro Ivoire SA

Post in 2016
Pétro Ivoire SA engages in the distribution of oil and gas product and by-products in Cote d’Ivoire. The company offers unleaded fuel, diesel, kerosene, lubricants, and butane gas. It owns and operates petrol stations and service outlets and offers car cleaning and repair services. The company also offers a rechargeable smart card for the purchase of fuel, lubricant, and gases. Additionally, it also provides its services through a mobile application. The company was founded in 1994 and is based in Abidjan, Ivory Coast.

Ramco Plexus

Private Equity Round in 2014
Ramco Plexus engages in the businesses of printing and packaging. It offers offset and digital printing services, and packaging and branded promotional items; manufactures corrugated cartons and polystyrene products; polythene extrusion and packaging solutions; and gravure printed flexible packaging solutions.