Octotel (Pty) Ltd

South Africa Communications and IT Services

Octotel (Pty) Ltd (“Octotel”) was established in 2015 to undertake the roll out of open access fibre-to-the home infrastructure in Cape Town and surrounding areas. Octotel builds, owns and operates an open access network which enables internet service providers (“ISPs”) to deliver services to the end user.

  • Active
  • Exited

We are invested in Octotel (Pty) Ltd through Pembani Remgro Infrastructure Mauritius Fund I LP, which is managed by Pembani Remgro MU GP Limited.

We do not hold direct relationships with the companies that investment funds invest in. Instead, we hold relationships directly with the fund. When investing through investment funds, CDC takes an active role as a limited partner to the fund, working with the fund manager to ensure best practices, including in environment, social and governance matters, and investment management oversight.

For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Exited
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
Countries:
South 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.

:
Communications and IT Services
Investment type

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

:
Intermediated investment
Fund:
Pembani Remgro Infrastructure Mauritius Fund I LP
Fund Manager:
Pembani Remgro MU GP Limited
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

:
October 2016
End date

For direct equity investments, this is the date at which CDC exited the investment.

For debt investments, this is the date at which the final debt repayment was made.

For funds, this is the date at which the fund was terminated.

For underlying fund investments, this is the date at which the fund manager exited the investment.

:
December 2020
Domicile

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

:
South Africa

We are invested in Octotel (Pty) Ltd through Neoma Africa Fund III, which is managed by Actis LLP.

We do not hold direct relationships with the companies that investment funds invest in. Instead, we hold relationships directly with the fund. When investing through investment funds, CDC takes an active role as a limited partner to the fund, working with the fund manager to ensure best practices, including in environment, social and governance matters, and investment management oversight.

For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

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
Countries:
South 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.

:
Communications and IT Services
Investment type

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

:
Intermediated investment
Fund:
Neoma Africa Fund III
Fund Manager:
Actis LLP
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 2020
Domicile

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

:
South Africa

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