In April 2018 CDC committed $25 million to Synergy Private Equity Fund II.
Synergy’s second fund will expand the availability of equity financing for high growth SMEs in Anglophone West Africa, primarily focussed on Nigeria and Ghana, but also with the potential to allocate up to 10% of the fund to Sierra Leone and Liberia.
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Synergy Managers (Mauritius) Limited
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.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
Investments made by this fund
|Investment name||Country||Region||Sector||Start date||Status|
|First Aluminium Nigeria||Nigeria||Africa, West Africa||Manufacturing||February 2019||Active|
|Bell Oil and Gas||Nigeria||Africa, West Africa||Manufacturing||May 2019||Active|