We invest in Senegal - Ivory Coast and Benin targeting growth capital to mid-sized companies.
A bottom-up strategy:
- Having worked to grow SMEs in Africa for over a decade—using a range of innovative financing mechanisms to build equity and consolidate value chains—our team has engaged with large, profitable SMEs that show great potential to scale to the next level. These businesses are ready to transition from semi-artisanal production to industrialization, and from serving local markets to expanding internationally beyond national borders.
These companies have well-structured middle management teams, produce essential goods, are profitable, and operate in markets with minimal local competition. However, they often suffer from limited visibility and remain under the radar of most investors.
- With boots on the ground and deep experience in the African private sector, our team is well positioned to seize this untapped investment opportunity and support these companies in their transition from SMEs to larger enterprises—strengthening their equity, modernizing production, expanding into new markets, and advancing toward sustainable and green industrialization.
We invest in Senegal - Ivory Coast and Benin targeting growth capital to mid-sized companies.
Yield
Yield based strategy with recurrent and stable cash flows based on rentswith the ultimate goal of optimizing the overall yield profile of the fund.
Downside protection
Improve the downside protection of the fund with stable cash flows. The essential nature of the physical assets makes them resilient to economiccycles.
Growth accelerator
Enable access to essential infrastructure at favorable conditions for portfolio companies to boost growth, capture more markets and capture more value in the value chain.

Investing in physical assets
Direct investments in physical assets and infrastructure providing essential services to portfolio companies and various stakeholders.

Community based utilization
Sharing assets among actors to optimize utilization rates, to ease access to unreachable infrastructure, to open new markets, to capture more value in the production chain.

Rents based business model
Different business models based on lease, lease and buy back, community lease, utilization or volume-based pricing, right of use financing.

Strategic impact
Strategic investments in agriculture modernization, industrialization, manufacturing, storage, transformation, conservation electricity production and distribution, digital assets etc.

INDUSTRY
DECARBONIZATION
- Equity participation
- Asset financing or build up: lease / lease and buy back
- Convertible obligation

CLIMATE
RESILIENT
AGRICULTURE
- Equity participation
- Asset financing (leasing/lease and back buy)
- Reverse factoring (working capital)

VALUE CHAIN
- Equity participation
- Asset financing (leasing/lease and back buy)
- Shareholders loans, convertible obligations, subordinated debt