GJO & PartnersInvest Matching
← All funds

DEG

Public data, unclaimed profile

Institution allemande de financement du développement (groupe KfW) : prêts, mezzanine et fonds propres aux entreprises privées.

Investment thesis

Investment ticket
— – —
Instruments
Senior debt, Mezzanine, Equity
Preferred sectors
Manufacturing, Agribusiness, Energy, Financial services, Fintech, Healthcare, Logistics
Target geographies
West Africa, East Africa, Central Africa, Southern Africa
Stages (stated by the fund and from its deals)
Series AGrowth

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

The Courier Guy

March 2024 · Afrique du Sud
GrowthUndisclosed amountEquityLogisticsCo-Invest

Co-investor alongside Adenia Partners

Activity : Delivery and last mile

Instrument : Acquisition de 100 % · Vehicle : Adenia Capital (V)

South African last-mile delivery leader with a network of partners, pick-up points and lockers.

Why they invested

  • Fast-growing South African e-commerce
  • Changing consumer delivery expectations
  • Leading last-mile position

Advisers

  • RMB — Financement de la dette, buyer side
  • PwC — Due diligence financière et fiscale, fund side
  • Webber Wentzel — Conseil juridique, fund side
  • EY — Due diligence ESG, fund side

Co-investors Proparco, South Suez

Source : adenia.com

BUA Cement Plc

June 2023 · Nigeria
Growth500 M$Senior debtManufacturingCo-Invest

Co-investor alongside IFC (International Finance Corporation)

Activity : Building materials

Instrument : financing package of $500 million comprising $160.5 million IFC own-account loan, $94.5 million MCPP loan and $245 million parallel loans · Vehicle : Managed Co-Lending Portfolio Program (MCPP)

BUA Cement is a Nigerian cement producer. The financing supports two new energy-efficient production lines in Sokoto State in Northern Nigeria.

Why they invested

  • Expanding cement production capacity
  • Supporting industrialization in Northern Nigeria
  • Improving energy efficiency
  • Creating direct and indirect jobs

Co-investors Africa Finance Corporation, Banque africaine de développement

Source : ifc.org

Eranove

August 2021 · Côte d'Ivoire
GrowthUndisclosed amountEquityEnergyCo-Invest

Co-investor alongside A.P. Moller Capital

Activity : Power generation (utility-scale)

Instrument : Via la holding ECP Power & Water Holding · Vehicle : Africa Infrastructure Fund I K/S

African industrial group in power and water, notably in Côte d'Ivoire.

Why they invested

  • Reliable, lower-carbon power supply
  • Growing electricity demand in Africa
  • Critical infrastructure for economic development

Co-investors Emerging Capital Partners, IFU

Source : apmollercapital.com

Beloxxi Industries Limited

August 2016 · Nigeria
Growth80 M$EquityAgribusinessCo-Invest

Co-investor alongside Africa Capital Alliance

Activity : Bakery, pastry and biscuits

Instrument : Prise de participation minoritaire substantielle · Vehicle : CAPE IV

Beloxxi manufactures cream cracker biscuits in Nigeria and operates an integrated plant in Ogun State with a nationwide distributor network.

Why they invested

  • Double-digit growth in the biscuit sector
  • Significant unmet demand
  • Production-capacity expansion
  • Regional distribution expansion

Co-investors 8 Miles

Source : acagp.com

In short

DEG invests across the following sectors: Manufacturing, Agribusiness, Energy, Financial services, Fintech, Healthcare, and Logistics, in the following areas: West Africa, East Africa, Central Africa, and Southern Africa. Check in 30 seconds whether your company fits these criteria.