CDC's partnership with this fund is intended to play a key role in strengthening local and regional business ecosystems, both by fuelling economic growth and by building the investment fund infrastructure required to enable long term capital mobilisation into the region.
Environmental and social aspects
We continue to support the fund manager in the implementation of its environmental and social management system (ESMS), particularly in managing risks associated with their investment strategy
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.
- Construction and real estate, Food and agriculture, Manufacturing, Other consumer services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Amethis Fund II Management
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- May 2018
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
Investments made by this fund
|Investment name||Country||Region||Sector||Start date||Status|
Groupe Premium is a leading industrial equipment distributor in Morocco and Western Africa.
|Morocco||Africa, North Africa||Manufacturing||June 2019||Active|
Merec is a leading miller and packaged food manufacturer in Mozambique with a strong export focus.
|Mozambique||Africa, East Africa||Food and agriculture||June 2019||Active|
The VLH hotel group has seven hotels operating under two brand names, Heritage Resorts and Veranda Resorts, and employs 1450 people.
|Mauritius||Africa, East Africa||Construction and real estate||September 2019||Active|
Naivas is the largest supermarket chain in Kenya, with over 70 outlets.
|Africa||Other consumer services||March 2020||Active|