Takura III

Zimbabwe Food and agriculture, Manufacturing

Harare-based Takura Capital Partners is an investment holding company established in 1997 to invest in Zimbabwe.  It has now evolved into a Zimbabwean-focused firm which invests in other South African Development Community (SADC) countries outside of South Africa. Takura Capital invests across different sectors and business life cycles, employing equity, debt, structured and self-liquidating instruments to provide funding for expansion.

Private equity fund investing in private enterprises across SADC (Excluding South Africa) focusing on Zimbabwe.

Our investment

Harare-based Takura Capital Partners is an investment holding company established in 1997 to invest in Zimbabwe. It has now evolved into a Zimbabwean-focused firm which invests in other South African Development Community (SADC) countries outside of South Africa. Takura Capital invests across different sectors and business life cycles, employing equity, debt, structured and self-liquidating instruments to provide funding for expansion.

Expected impact

CDC is providing a capital injection into the Zimbabwean economy by investing in Takura III to stimulate sustainable long-term business growth and create quality jobs. The fund supports the development of the private equity market in Zimbabwe by having an important demonstration effect.

Key facts

Status:
Active
Region

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

:
Africa, Southern Africa
Sector

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.

:
Food and agriculture, Manufacturing
Website:
www.takuracapital.com
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Takura Capital Partners
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

:
December 2018
Amount

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.

:
$50m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
South Africa

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Manica Boards and Doors PVT Ltd

Manica Boards and Doors is Zimbabwe's sole manufacturer of world class quality fibreboard branded Zimtex.

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Zimbabwe Africa, East Africa Manufacturing June 2019 Active
GrainCo

Grainco is an agro trading business that focusses on sourcing, distribution and selling of agro related commodities. Its main customers require a continuous supply of key raw materials in their agro processing or manufacturing processes.

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Zimbabwe Africa, East Africa Food and agriculture December 2019 Active
Radar Holdings LTD

Radar Holdings Limited (RHL) is a Zimbabwe-based brick manufacturer. The company operates two brick fields: Montgomery Works and Willsgrove Works. Within Zimbabwe its products are used in a variety of structures ranging from low cost housing to high rise buildings.

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Zimbabwe Africa, East Africa Manufacturing April 2020 Active