Aureos East Africa Fund LLC

Kenya, Tanzania, Uganda Manufacturing, Financial services, Other consumer services, Health

This is an East Africa-focused SME fund.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

Africa, East Africa

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.

Financial services, Health, 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:
Aureos Capital
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

June 2003

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

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Athi River Steel Plant Ltd

Athi River Steel Plant uses scrap metal to produce of hot rolled steel products such as building steel, structural steel, bolts and nuts. The company is located in Mavoko Township in Athi River area and commenced operation in 1998.

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Kenya Africa, East Africa Manufacturing December 2006 Active
Deacons Ltd

Deacons is a fashion retail chain in Kenya with seven stores in Nairobi, selling clothing, footwear, accessories, gifts and home furnishings through a number of retail outlets.

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Kenya Africa, East Africa Other consumer services December 2006 Active
Equity Bank

Equity Bank was established in 1982 as a building society to serve the unbanked and to provide products and services that economically empower its customers. Its products include a diverse range and are targeted to specific needs including SME loans, microfinance and agribusiness loans

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Kenya, Uganda Africa, East Africa Financial services December 2018 Active