Adenia Capital III
Adenia Capital III is a 10-year closed-end generalist private equity fund targeting primarily control positions in SMEs in the Indian Ocean region as well as West Africa.
Amount
€ 100,000.00
Type of investment
Subsidy
Beneficiary locations
Investment field
Investment Companies & Funds
Activity
Founded in 2002, Adenia Partners is a private equity management firm investing in some of Africa’s most promising businesses. Through three funds, Adenia Capital (Indian Ocean), Adenia Capital (II), Adenia Capital (III), the firm currently manages $200 million of assets from its four offices based in Abidjan, Accra, Antananarivo and Port Louis. Adenia was founded by a team of entrepreneurs with experiences as business founders and CEOs.
The TA Facility is administrated by the Fund Manager of Adenia Capital III, Adenia Partners Ltd.
BIO’s contribution shall exclusively be used in connection with Adenia Capital III portfolio companies in order to finance technical assistance projects related to the transfer of knowledge and skills and with a specific attention to developmental impact, relying on external consultant(s), in the following areas:
- Management and Governance:
- General Management and corporate strategy
- Corporate Governance
- Accounting systems, financial reporting and management information systems
- New products development, new market development
- Best practices implementation (managerial, industrial, ESG, etc…)
- Environment and Social:
- Management systems (procedures, trainings, corrective action plans)
- Preparation to certifications
- HR assessment with a gender lens
- Production techniques, Certification, Quality and Safety:
- Production techniques-based advisory services for productive companies
- Systems and preparations of certifications related to health and safety, quality, agriculture
Made possible through this investment
Cresta
Ghana
Cresta is a manufacturer and distributor of auto refinish products and industrial coatings.
DDP Outdoor
Ghana
Founded in 1973, DDP Outdoor is an outdoor advertising platform in Ghana.
Mauvilac
Mauvilac is a leading paint, coatings, and chemical manufacturer and marketer in Mauritius.
Syrse
Côte d'Ivoire
Operating in 11 countries in West and Central Africa, Syrse is the regional leader in electronic payment solution, its main activity being the distribution and maintenance of ATMs.
Ciel
CIEL Ltd is a company listed on the Official Market of the Stock Exchange of Mauritius (SEM). It is the parent holding company of the CIEL group of companies, one of the leading industrial and investment groups based in Mauritius with operations in a number of African and Asian countries. CIEL employs c. 22,000 people.
Newpack
Madagascar
Newpack is the leader in corrugated cardboard packaging in Madagascar.
Kanu Equipment
Kanu Equipment is a pan-African distributor of earthmoving, mining, agriculture and construction heavy equipment.
Ademat
Côte d'Ivoire
Founded in Abidjan in 1983, Ademat is the leader of distribution, installation and maintenance of energy solutions in Côte d’Ivoire. Its range of products include generators, inverters, drive systems and other electric products in partnership with world-renowned manufacturers.
Opham
Madagascar
Created in 1952, Opham is the leading pharmaceutical products wholesaler in Madagascar. Opham distributes more than 4,500 specialty and generic products to pharmacies and hospitals in the country.
View more of our investments in this region
Investment Companies & Funds
African Rivers Fund IV
10,000,000.00
Angola, Democratic Republic of Congo, Uganda, Zambia
05/12/2024
Equity
