Africa Finance
Venture Round in 2022
Africa Finance Corporation, established in 2007 and headquartered in Nigeria, is a multilateral development financial institution focused on addressing infrastructure financing needs across Africa. The organization provides a range of services, including debt, equity, project development, financial advisory, and treasury management, aimed at fostering sustainable economic growth. Africa Finance Corporation invests in high-quality infrastructure assets within key sectors such as power, natural resources, heavy industry, transport, and telecommunications. By targeting essential services in these core areas, the institution plays a critical role in promoting infrastructure development across the continent.
Karan Beef
Acquisition in 2018
Karan Beef is a prominent supplier of beef products in South Africa, recognized for its commitment to high standards of productivity, hygiene, and maintenance within the local beef industry. The company specializes in producing a wide range of beef products, including both boneless and bone-in cuts, as well as offals. Its offerings comprise various beef cuts such as ribeye, rump, striploin, blade, brisket, and thick skirts, along with liver and other related items. Karan Beef aims to set the benchmark for excellence in the meat industry, ensuring quality and reliability in its products for consumers.
African Export-Import Bank
Venture Round in 2018
African Export-Import Bank is a multilateral financial institution established in 1993 to promote and facilitate trade among African countries and between Africa and the global marketplace. Headquartered in Cairo, Egypt, the Bank offers a range of financing programs, advisory services, and guarantee products aimed at enhancing intra- and extra-African trade. These services include short-term trade guarantees, working capital and supply chain finance solutions for small and medium-sized enterprises, and various bonding facilities for export contracts. The institution serves a diverse clientele, including governments, corporations, and financial institutions, providing additional services such as sovereign and corporate advisory, capital markets assistance, and trade information. With an authorized share capital of five billion US dollars, the Bank plays a crucial role in the development and diversification of trade across the continent.
SMILE Telecoms Holdings
Private Equity Round in 2015
Smile Telecoms Holdings Limited is a telecommunications company that provides broadband Internet access and communication services across Africa. Founded in 2007 and headquartered in Port Louis, Mauritius, the company operates in several countries, including Nigeria, Tanzania, Uganda, the Democratic Republic of Congo, and South Africa. Smile offers mobile broadband Internet, voice, and messaging services through its advanced long-term evolution broadband network. The company also markets WiFi routers, MiFi routers for multiple users, and USB dongles for single users, catering to a diverse clientele that includes small and medium enterprises, households, and individuals. With a significant potential customer base and growing smartphone ownership in its markets, Smile Telecoms aims to enhance Internet accessibility and connectivity across the region.
SMILE Telecoms Holdings
Debt Financing in 2015
Smile Telecoms Holdings Limited is a telecommunications company that provides broadband Internet access and communication services across Africa. Founded in 2007 and headquartered in Port Louis, Mauritius, the company operates in several countries, including Nigeria, Tanzania, Uganda, the Democratic Republic of Congo, and South Africa. Smile offers mobile broadband Internet, voice, and messaging services through its advanced long-term evolution broadband network. The company also markets WiFi routers, MiFi routers for multiple users, and USB dongles for single users, catering to a diverse clientele that includes small and medium enterprises, households, and individuals. With a significant potential customer base and growing smartphone ownership in its markets, Smile Telecoms aims to enhance Internet accessibility and connectivity across the region.
South Point
Acquisition in 2015
South Point Management Services (Pty) Ltd. is a prominent provider of student accommodation in South Africa, established in 2003 to address the high demand for quality housing. The company offers a range of living options, including studio, bachelor, one-bedroom, two-bedroom, and penthouse apartments, all designed to create a conducive environment for students. With amenities such as restaurants, bars, lounges, and cultural activities, South Point aims to foster a vibrant community that emphasizes safety, cleanliness, and affordability. Over the years, South Point has grown significantly, positioning itself as a leading independent provider of student accommodation outside of universities. The company continues to focus on expanding its offerings while maintaining a commitment to delivering a unique and enriching experience for its residents.
Erin Energy Corporation is an independent exploration and production company focused on acquiring and developing energy resources in Africa. Founded in 2005 and headquartered in Houston, Texas, the company holds five licenses that span approximately 6,000 square kilometers across offshore Nigeria, offshore Ghana, and offshore The Gambia. Originally known as CAMAC Energy Inc., Erin Energy changed its name in April 2015. The company has encountered financial challenges, filing for Chapter 11 bankruptcy in April 2018, which was later converted to Chapter 7 in July 2018. As a subsidiary of CAMAC Energy Holdings Limited, Erin Energy aims to leverage its assets to explore and produce oil in sub-Saharan Africa.