GJO & PartnersInvest Matching

Manufacturing funding in Africa: investors, tickets and countries

Who finances Manufacturing in Africa, where, at which stage and with which tickets: every figure below is computed from the funding deals recorded on the platform.

33

deals recorded

7

over 12 months

8.5 M$

median disclosed ticket

42

identified investors

Key findings

  • 33 funding deals recorded (Manufacturing) since 2011, involving 30 companies and 42 identified investors. 7 of them over the last 12 months (5 the previous year).
  • Median disclosed ticket: 8.5 M$; half of the deals fall between 2.3 M$ and 19 M$ (12 amounts disclosed out of 33, 686.1 M$ in total).
  • Where the money goes: Nigeria (36 %), South Africa (9 %), Côte d'Ivoire (9 %).
  • Most frequent stage: Growth (76 %); most used instrument: Equity (52 %).
  • Most active investors: AFIG Funds (4), 8VC (3), Cepheus Growth Capital (3).
  • 24 % of deals are syndicated (at least two investors around the table).

Countries

  • Nigeria12
  • South Africa3
  • Côte d'Ivoire3
  • Ethiopia3
  • Kenya3

Industries

  • Electronics and appliances7
  • Home and personal care5
  • Plastics and packaging5
  • Building materials4
  • Textile and apparel3

Stages

  • Growth25
  • Seed5
  • Series B1

Instruments

  • Equity17
  • Senior debt6
  • Quasi-equity1

Deals per year

YearDealsDisclosed amounts
20212—
202226.5 M$
20234617.5 M$
20244—
202556.9 M$
2026653.7 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
ChipMangoElectronics and appliances · Nigeria · SeedSept 20261.9 M$Atlantica Venturessource
Terra IndustriesElectronics and appliances · Nigeria · SeedAug 202618 M$8VCsource
Terra IndustriesElectronics and appliances · Nigeria · SeedFeb 202622 M$Lux Capitalsource
Beta GlassPlastics and packaging · Nigeria · GrowthFeb 2026undisclosedHelios Investment Partnerssource
Terra IndustriesElectronics and appliances · Nigeria · SeedJan 202611.8 M$8VCsource
Torlowei Nigeria LimitedTextile and apparel · Nigeria · GrowthJan 2026undisclosedMBO Capitalsource
Syrrius Industries SAElectronics and appliances · Benin · GrowthDec 2025undisclosedBOAD (Banque ouest-africaine de développement)source
Entreprise Générale Industrielle (EGIN SA)Building materials · Cameroon · GrowthAug 2025undisclosedBDEAC (Banque de développement des États de l'Afrique centrale)source
Yikodeen Company LimitedLeather and footwear · Nigeria · GrowthMay 20251.5 M$Aruwa Capital Managementsource
CutstructBuilding materials · NigeriaMay 20252.4 M$CRE Venturessource
CubeSpaceElectronics and appliances · South AfricaFeb 20253 M$Futuregrowth Asset Managementsource
Pirtek AfricaMetals and mechanical engineering · South Africa · GrowthDec 2024undisclosedSalt Capitalsource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.