← All fundsSango Capital
Public data, unclaimed profileInvestment manager founded in 2011 (Johannesburg, Lagos, Mauritius) investing in Africa for institutional clients: sovereign wealth funds, pension funds, foundations, family offices. Hybrid strategy: primary and secondary investments in mid-market private equity funds, and direct investments, mostly as co-investments alongside aligned partners. Vehicles: Sango Private Equity funds and the Sango Strategic Equity Vehicle (evergreen). Themes: emerging consumer, food value chains, energy and power, infrastructure services. Co-investor with Tana Africa Capital in Sundry Markets (Nigeria, 2022).
At a glance
Based on observed investment behaviour: 2 recorded deals
- Investor type
- Private equity or venture capital fund (inferred, not verified)
- Capital type
- Infrastructure fund (inferred from profile)
- Observed ticket
- Data unavailable
- Countries
- Nigeria (2)
- Activities
- Food retail (2)
- Instruments
- Equity (1)
- Stages
- Growth (2)
- Recent activity
- 0 deal in 12 months, latest Aug 2022
Stated thesis versus observed behaviour
Fewer than three recorded deals: insufficient evidence to compare thesis and behaviour.
Does this fund fit your project?
Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.
Find my matchesInvestment thesis
Criteria published by the fund, recorded and checked by Invest Matching.
- Investment ticket
- n/a
- Instruments
- Equity
- Preferred sectors
- Retail & distribution, Agribusiness, Energy, Infrastructure (all), Water & environment*, Real estate*, Telecoms & digital infrastructure*, Transport & civil engineering*
- Target geographies
- West Africa, East Africa, Southern Africa, Central Africa, North Africa
* added from its deals
- Stages (stated by the fund and from its deals)
- Growth
Team and contacts
- Richard Okello — Co-Founder & Partner
- Charles Mwebeiha — Co-Founder & Partner
- Jonathan Sengendo — Managing Director & Partner
LinkedIn profiles, emails and phone numbers are reserved for signed-in members: create an account to access them.
Reference deals
Recent public deals: they say better than a thesis what the fund actually signs.
Sundry Markets
August 2022 · NigeriaGrowthUndisclosed amountEquityRetail & distributionCo-Lead
Co-investor alongside Tana Africa Capital
Activity : Food retail
Instrument : Minority stake
Modern grocery retailer in Nigeria.
Why they invested
- One of Nigeria's fastest-growing modern grocery retailers
Source : tana-africa.comN1 · Primary source
Sundry Markets
2015 · NigeriaGrowthUndisclosed amountRetail & distributionLead
Activity : Food retail
Vehicle : Sango Capital Partners (Fund I)
Sundry Markets operates Market Square, a Nigerian grocery retail chain offering food, home-care and personal-care products.
Why they invested
- Opportunity to modernise a largely informal retail sector
- Large Nigerian market with room for modern retail penetration
- Entrepreneurial track record supporting a scalable platform
- Potential for store network expansion
Source : sangocapital.comN1 · Primary source
In short
Sango Capital invests across the following sectors: Retail & distribution, Agribusiness, Energy, Infrastructure (all), Water & environment, Real estate, Telecoms & digital infrastructure, and Transport & civil engineering, in the following areas: West Africa, East Africa, Southern Africa, Central Africa, and North Africa. Check in 30 seconds whether your company fits these criteria.