Sierra Investment Fund

West Africa,Africa Infrastructure, Food and agriculture, Financial services

A Sierra Leone-focused small-cap private equity fund.

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.

:
Sierra Leone
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.

:
Financial services, Food and agriculture, Infrastructure
Investment type

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

:
Intermediated investment
Fund manager:
ManoCap
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 2009
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.

:
$5m
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
Sierra Fishing Company

Sierra Fishing is a vertically integrated seafood business that has been operating for over 50 years. The company is Sierra Leone s largest seafood supplier and has established a network of eight fish depots across the country. It also exports to other West African countries, including Ghana, Mali, Nigeria, the Ivory Coast and Liberia.

View investment details

Sierra Leone Africa, West Africa Food and agriculture October 2008 Active
Ice Ice Baby

Ice Ice Baby manufactures crushed and cubed ice for the fishing (artisanal and commercial) and consumer (beverage) segments of the Sierra Leonean market.

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Sierra Leone Africa, West Africa Food and agriculture November 2008 Active
Splash Mobile Payments

Splash is Sierra Leone s first mobile payment system, allowing you to send money to other mobile users using your phone.

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Sierra Leone Africa, West Africa Financial services November 2008 Active
Dragon Transport

Dragon Transport is based in Freetown and provides transport services to the Sierra Leonean market with a focus on the distribution of fish, ice, and other perishables. It is working to develop a national distribution and warehousing system.

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Sierra Leone Africa, West Africa Infrastructure October 2009 Active