Algeria Manufacturing

Synapse is a leading Algerian logistics company established in 2004. It specialises in transportation, storage and warehouse management services. It has a fleet of approximately 300 trucks and has around 350 employees.

We are invested in Synapse through Kantara LP (previously SGAM AI Kantara Fund), which is managed by Abraaj Capital. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts


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

Africa, North 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.

Investment type

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

Intermediated investment
Kantara LP (previously SGAM AI Kantara Fund)
Fund Manager:
Abraaj 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

February 2013