Sphere Fund 1 Partnership

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

This is a fund investing in mid-size companies in South Africa and co-investment alongside Ethos Fund V.

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, 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:
Sphere Holdings
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

:
October 2005
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.

:
$0.15m
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 October 2007 Active
House Of Busby

House of Busby is involved in wholesale and in the retail of branded and non-branded leather goods, apparel, footwear, accessories and related products.

View investment details

South Africa Africa, Southern Africa Other consumer services June 2008 Active