← All fundsTana Africa Capital
Public data, unclaimed profileEvergreen investment holding founded in 2011 by the Oppenheimer family and Temasek, with offices in Johannesburg and Abidjan; about USD 650m raised since inception. Pan-African remit. Primary sectors: FMCG, retail, education, healthcare, agribusiness; secondary: manufacturing, financial services, logistics, business services, digital payments. Looks for proven, profitable businesses in large, fast-growing markets with minimal public-sector dependency and add-on acquisition potential, over long holding periods. Minority and majority stakes (Sundry Markets, Interswitch, Furniture Palace with KITEA).
At a glance
Based on observed investment behaviour: 5 recorded deals
- Investor type
- Private equity or venture capital fund (inferred, not verified)
- Capital type
- Private equity (inferred from deals)
- Observed ticket
- Data unavailable
- Countries
- Nigeria (2), Kenya (1), South Africa (1)
- Activities
- Beverages and brewing (1), Fintech infrastructure (APIs, open banking, BaaS) (1), Food processing (1)
- Instruments
- Equity (5)
- Stages
- Growth (5)
- Recent activity
- 0 deal in 12 months, latest Aug 2022
Stated thesis versus observed behaviour
- Sectors: 100% of its deals within its stated thesis
- Countries: 100% of its deals within its stated thesis
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, Education, Healthcare, Agribusiness, Manufacturing, Financial services, Logistics, Business & personal services, Fintech, Media & entertainment*, Tourism & hospitality*
- Target geographies
- West Africa, East Africa, North Africa, Southern Africa, Central Africa
* added from its deals
- Stages (stated by the fund and from its deals)
- Growth
Team and contacts
- Mark Tindall — Chief Executive Officer
- Pieter Cilliers — Managing Director
- Kwabena Bucknor — Principal
- Arthur Engotto — Principal
- Yannick Sanni — Vice President
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Reference deals
Recent public deals: they say better than a thesis what the fund actually signs.
Sundry Markets
August 2022 · NigeriaGrowthUndisclosed amountEquityRetail & distributionCo-Lead
Activity : Food retail
Instrument : Minority stake
Modern grocery retailer in Nigeria.
Why they invested
- One of Nigeria's fastest-growing modern grocery retailers
Co-investors Sango Capital (Co-Lead)
Source : tana-africa.comN1 · Primary source
Interswitch
May 2022 · NigeriaGrowthUndisclosed amountEquityFintechCo-Invest
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Instrument : Strategic investment
Pan-African digital payments and commerce group.
Why they invested
- Payments infrastructure supporting financial inclusion
Co-investors LeapFrog Investments
Source : tana-africa.comN1 · Primary source
Furniture Palace
March 2022 · KenyaGrowthUndisclosed amountEquityRetail & distributionLead
Activity : Specialty retail
Instrument : Majority stake
Kenya's leading furniture retailer. Deal led by Tana Africa Capital, which brought in KITEA, a Moroccan furniture retailer already in its portfolio.
Why they invested
- Market leader
- Pan-African add-on acquisition by an existing portfolio company (KITEA)
Team
- Noorali Manji — Founder
- Rahul Haria — CEO
Source : tana-africa.comN1 · Primary source
Africa Protein Holdings
July 2021GrowthUndisclosed amountEquityAgribusinessLead
Activity : Food processing
Instrument : Minority stake
Leading meat processor in East Africa.
Why they invested
- Regional leader in meat processing
Source : tana-africa.comN1 · Primary source
Kensington Distillers & Vintners
June 2021 · South AfricaGrowthUndisclosed amountEquityAgribusinessLead
Activity : Beverages and brewing
Vehicle : Tana Africa Capital II
KDV is an alcoholic beverage manufacturing and distribution group operating in South Africa, Kenya and Nigeria.
Why they invested
- Fast-growing portfolio of wine and spirits brands
- Local manufacturing capabilities
- Presence in several key African markets
- Potential expansion into other high-growth African markets
Source : tana-africa.comN1 · Primary source
In short
Tana Africa Capital invests across the following sectors: Retail & distribution, Education, Healthcare, Agribusiness, Manufacturing, Financial services, Logistics, Business & personal services, Fintech, Media & entertainment, and Tourism & hospitality, in the following areas: West Africa, East Africa, North Africa, Southern Africa, and Central Africa. Check in 30 seconds whether your company fits these criteria.