Abraaj Kantara Fund (previously SGAM AI Kantara Fund)

North Africa,Africa Communications and IT Services, Infrastructure, Food and agriculture, Health, Manufacturing, Financial services

The Abraaj Group, formerly Aureos Capital, is an international investment firm investing in emerging markets across Africa, Asia, Latin America, the Middle East and Turkey.

The Dubai-based firm focuses on investment strategies across private equity, private credit, impact investing and real estate.

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

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, North Africa
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
Algeria, Egypt, Morocco, Tunisia
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.

:
Communications and IT Services, Financial services, Food and agriculture, Health, Infrastructure, Manufacturing
Website:
https://www.abraaj.com/
Investment type

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

:
Intermediated investment
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 2008
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.

:
$32.88m
Domicile

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

:
United Kingdom

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Oksa

Oksa is a service company operating in the electro technology field with 3 main activities: (i) improvement of the performance of electrical networks through the detection of fraud and technical problems, (ii) preventive maintenance of electrical transformers through chemical analysis and (iii) diagnosis of electrical networks with infrared cameras.

View investment details

Morocco Africa, North Africa Infrastructure December 2008 Active
Plastic Electromechanic Company

PEC is a fast groing group of companies specialised in high precision plastic injection, assembly of electrical and medical products and wire harnesses for the auto industry.

View investment details

Tunisia Africa, North Africa Manufacturing July 2012 Active
Synapse

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.

View investment details

Algeria Africa, North Africa Manufacturing February 2013 Active
OMS

OMS is a regional enterprise IT solutions provider specialising in infrastructure, analytics, optimatization, business intelligence and cloud computing solutions.

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Egypt Africa, North Africa Communications and IT Services April 2013 Active