FOOD AND HOUSING INVESTMENT PORTFOLIOS

GOLDTREE
Country: Sierra Leone
The business: Palm oil milling, outgrower scheme and small nucleus plantation.
Deal type: Developmental
Vintage: 2011
GOLDENLAY
Country: Zambia
The business: Poultry – layers
Deal type: Management buy-out
Vintage: 2012
FERONIA
Country: Democratic Republic of the Congo
The business: Palm oil plantations and mills
Deal type: Developmental
Vintage: 2012
CONTINENTAL BEVERAGE COMPANY (CBC)
Country: Côte d’Ivoire
The business: Water purification, juice manufacturing, bottling and distribution
Deal type: Expansion capital
Vintage: 2013
WESTPOINT HEIGHTS
Country: Kenya
Location: Kiambu County, Greater Nairobi
Development: Consists of 66 middle income housing units
Vintage: 2014
WESTLANDS PLACE
Country: Kenya
Location: Westlands, Nairobi Metropolitan
Development: Consists of 95 units in a 13-storey complex
Vintage: 2014
72 MAGADI ROAD (PHASE 1)
Country: Kenya
Location: Karen Lang’ata area, Nairobi
Development: 700 studio apartments for young adults
Vintage: 2015
IZUBA CITY
Country: Rwanda
Location: Batsinda, Gasabo, Kigali
Development: Consists of 300 units in a residential housing complex
Vintage: 2015
NAKURU MEADOWS
Country: Kenya
Location: Nakuru, Kenya
Development: Residential, 140 single-family homes
Vintage: 2015
CAMLAND VILLAS
Country: Zambia
Location: Makeni, Lusaka
Development: 300 serviced plots
Vintage: May 2016
KANU EQUIPMENT (KANU)
Country: Côte d’Ivoire, Congo DRC, Cameroon, Ghana, Sierra Leone, Liberia, Namibia, Zimbabwe, South Africa, Kenya, Tanzania, Botswana and Mauritius
The business: Specialises in the supply of branded capital equipment, distribution of high-quality spare parts and the provision of reliable repair and maintenance services
Deal type: Expansion capital and buy-out
Vintage: 2016

Rolfes Group
Country: South Africa
The business: Supplier of agricultural, food, industrial and water chemical management solutions and services for both the South African and international markets.
Deal type:Expansion capital
Vintage:2020
FES GROUP
Country: Malawi and Zambia
The business: An integrated agricultural solutions provider to the agricultural sector in Malawi and Zambia.
Deal type: Expansion capital
Vintage: 2020

DISPOSALS

KANU EQUIPMENT (KANU)
Country: Côte d’Ivoire, Congo DRC, Cameroon, Ghana, Sierra Leone, Liberia, Namibia, Zimbabwe, South Africa, Kenya, Tanzania, Botswana and Mauritius
The business: Specialises in the supply of branded capital equipment, distribution of high-quality spare parts and the provision of reliable repair and maintenance services
Deal type: Expansion capital and buy-out
Vintage: 2016
Partial exit: 2018
GENERAL PLASTICS (GPL)
Country: Kenya
The business: Manufacturer of packaging products servicing major customers in the food, beverage and agro chemical sectors
Deal type: Expansion capital
Vintage: 2014
Exit: 2018
MERIDIAN
Country: Malawi, Mauritius, Mozambique, Zambia and Zimbabwe
The business: Manufacture and distribution of specialised fertiliser blends, processing and storage of agricultural products, and a chain of retail stores
Deal type: Expansion capital
Vintage: 2014
Exit: 2019
FARMING AND ENGINEERING SERVICES (FES)
Country: Malawi
The business: Agricultural engineering and equipment distribution
Deal type: Buy-out
Vintage: 2013
Exit: 2020

CASE STUDIES

FUND FACT SHEETS