Fonds Cauris Croissance II
BIO has invested € 5 M in equity in Fonds Cauris Croissance II, a private equity fund dedicated to SMEs in West Africa.
Amount
€ 5,000,000.00
Type of investment
Equity
Development impacts
- Local economic growth
Beneficiary locations
Investment field
Investment Companies & Funds
Activity
SME Fund
Organisation
Fonds Cauris Croissance II
Domicile
Fonds Cauris Croissance II was launched in 2010. It focuses on companies with a regional development strategy and covers West Africa with the exception of Nigeria. Fonds Cauris Croissance II is the third fund managed by the Cauris Management team.
Development impacts
-
Local economic growth
Effects at investee level: access to long-term financing for SMEs:
The Fund is targeting SMEs in West-Africa to provide them with (i) long term capital, (ii) cross-competencies and (iii) access to new markets. There have been only few private equity groups that have been active in this field.
Made possible through this investment
Atlantic Business International / Banque Atlantique
Benin, Burkina Faso, Côte d'Ivoire, Mali, Niger, Senegal, Togo
Banque Atlantique is a West African financial services conglomerate with subsidiaries in Benin, Burkina Faso, Côte d’Ivoire, Mali, Niger, Senegal and Togo.
Africa West Industries
Côte d'Ivoire
Africa West Industries (AWI) is a Cote d'Ivoire-based company which produces soap bars and soap pellets. Products are marketed within the West African market.
Axxend Corporation
Cameroon, Côte d'Ivoire, Ghana, Guinea, Senegal
Created in 2010, Axxend is a software company specializing in Microsoft and SAP technologies and helps companies increase their productivity and revenues through its services. Axxend operates from its base in Senegal, as well as from offices in Côte d’ Ivoire, Ghana, Guinea Conakry and Cameroon.
Azalaï Hotels
Benin, Burkina Faso, Côte d'Ivoire, Guinea, Mali
Azalai Hotels is a regional hotel group operating in Mali, Burkina Faso, Guinea-Bissau, Mauritania and Cote d’Ivoire and Benin.
Cipharm
Côte d'Ivoire
CIPHARM is the Ivorian leader in pharmaceutical production, present for more than 25 years in the production of generic drugs (dry form, powder and syrup), own brand or licensed, distributed in a dozen countries in West and Central Africa.
Vipnet
Côte d'Ivoire
Founded in 1999, VIPNET is a Cote d’Ivoire-based company which provides interconnection, data transmission, internet and VoIP telephony services mainly to SMEs.
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Financial Institutions
TerraPay Payment Services
10,000,000.00
Cameroon, Côte d'Ivoire, Kenya, Senegal, Tanzania, Uganda, Bangladesh, India, Philippines, Vietnam
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Investment Companies & Funds
SIMA Commercial & Industrial Solar Green Bond
10,000,000.00
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29/12/2023
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