Horizon Fund III Trust

Southern Africa,Africa Food and agriculture, Manufacturing, Other consumer services, Business services, Communications and IT Services

This is an SME fund in South Africa

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, Southern Africa
Countries

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

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

:
Business services, Communications and IT Services, Food and agriculture, Manufacturing, Other consumer services
Investment type

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

:
Intermediated investment
Fund manager:
Horizon Equity
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

:
April 2007
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.

:
$0.38m
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
Dynamic Fibre Moulding

Dynamic Fibre Moulding is the dominant supplier of packaging to the egg industry in South Africa. Other products include dairy packaging, thermoformed protective packaging and cushion packaging.

View investment details

South Africa Africa, Southern Africa Manufacturing May 2012 Active
Incubeta (Pty) Limited

Incubeta is an online media and marketing firm based in South Africa.

View investment details

South Africa Africa, Southern Africa Other consumer services August 2012 Active
Qorus Software (Pty) Ltd

Qorus is a software provider based in Cape Town, South Africa, that provides document automation solutions.

View investment details

South Africa Africa, Southern Africa Communications and IT Services October 2013 Active
National Urethane Industries (Pty) Ltd “NUI”

National Urethane Industries is a polyurethanes house specialising in the manufacture of coatings, adhesives, sealants and elastomers. It is based in South Africa and employs approximately 60 people.

View investment details

South Africa Africa, Southern Africa Manufacturing August 2014 Active