Capital Alliance Private Equity II Ltd (Cape II)

West Africa,Africa Financial services, Manufacturing, Others, Communications and IT Services, Other consumer services

Africa Capital Alliance (ACA) is an investment firm that specialises in growth equity, buyout, and turnaround investments, and risk capital.  The Nigeria-based firm, which was founded in 1997, focuses on investments in sub-Saharan Africa. To date ACA has raised four generalist private equity funds (CAPE I, II, III and IV) and one real estate fund (CAPIC). CDC has played an anchor role in all five funds.

This is a mid to large cap generalist private equity fund investing in anglophone West Africa, primarily Nigeria.

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, West Africa
Countries

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

:
Nigeria
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, Manufacturing, Other consumer services, Others
Website:
https://www.acagp.com/
Investment type

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

:
Intermediated investment
Fund manager:
African Capital Alliance
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

:
March 2006
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.

:
$17m
Domicile

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

:
Mauritius

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Swift Networks Ltd

Swift Networks is a telecommunications company that provides broadband data, voice and video transmission. It is a leader in broadband having recently rolled out its 4G WIMAX network.

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Nigeria Africa, West Africa Communications and IT Services September 2006 Active
Cornerstone Insurance plc

Capassure is a provider of life and non-life insurance products in Nigeria.

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Nigeria Africa, West Africa Financial services February 2007 Active
E-Tranzact

E-Tranzact is an e-payment solution provider. The eTranzact e-payment solution facilitates bills payments, air-time vending and other forms of money transfer securely, conveniently and cost-effectively.

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Nigeria Africa, West Africa Communications and IT Services March 2008 Active
Capsea Marine

Capsea Marine provides floating production storage and offloading vessels to offshore development projects.

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Nigeria Africa, West Africa Others September 2008 Active
Gas Terminaling (Formerly Linetrale Gas)

Gas Terminaling stores, distributes and markets liquefied petroleum gas and other petrochemicals.

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Nigeria Africa, West Africa Others November 2008 Active
BevPak

BevPak manufactures polythelene terepthalate used in packaging materials.

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Nigeria Africa, West Africa Manufacturing December 2008 Active
MTN Nigeria Communications Limited

MTN Nigerian is a provider of mobile telecom services through the GSM platform. It is part of the MTN Group, Africa s leading celluar telecommunications company.

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Nigeria Africa, West Africa Communications and IT Services June 2010 Active
Bankers Warehouse

Bankers Warehouse is one of only 2 companies licensed by the Central bank to provide cash processing services to banks in Nigeria.

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Nigeria Africa, West Africa Financial services December 2010 Active