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. |
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. |
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. |
Zimbabwe | Africa, East Africa | Manufacturing | April 2020 | Active |
