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SAMANU factory (Press Release: Norfund) Norfund and a consortium of private investors managed by 54 Capital announce $21 million growth capital investment into Ethiopia’s largest FMCG platform SAMANU. Increased local production of edible oil will create jobs, increase food security, and provide income for up to 200,000 smallholder farmers. SAMANU is…

Based on our sources, Proparco’s first quasi-equity transaction – a combination of equity and mezzanine debt – was carried out by Geoffrey Coombs and Guillaume Laurioz, two in-house staff members from the organisation’s Private Equity/Africa and Middle East divisions. The duo was supervised by Jean-Benoît du Chalard, Regional Head for East Africa at the institution headquartered…

This operation is Proparco’s first mezzanine transaction in Ethiopia and will support job creation, the development of local agribusiness, import substitution and economic growth in the country. Proparco and Ethos Mezzanine Partners have announced a $22m investment into Turaco, a holding company managed by 54 Capital PE Advisors, which holds…

54 Capital, a London-based private-equity company, plans to build a new plant for Addis Pharmaceutical Factory within two years after investing $30 million in its seventh deal in Ethiopia, an executive said. The asset manager will also “quickly” increase the number of drugs produced in Adigrat in the northern Tigray…