ADENIA PARTNERS, based in Mauritius, was founded by a team of successful entrepreneurs in 2002. It is a private capital management firm investing in some of Africa’s most promising businesses.
Their team works hard to support the entrepreneurs and management teams of their portfolio companies as they fundamentally develop local economies in Sub-Saharan Africa.
Adenia Partners has four funds under management. The first three funds, Adenia Capital, Adenia Capital (II) and Adenia Capital (III), were fully invested. They are currently investing the fourth fund, Adenia Capital (IV), which was launched in 2016.
They have built a fellowship of business leaders who, like themselves, pursue an ethos of excellence through hard work and humility. By interacting and sharing resources, our business leaders make so much more of the capital invested.
PHATISA is an African private equity fund manager, operating across sub-Saharan Africa, with offices in Mauritius, South Africa, Zambia, Kenya, London, Ivory Coast and the UK.
Phatisa’s African Agriculture Fund commenced operations in January 2011 and has committed investments in excess of US$ 171 million, from Sierra Leone in West Africa to Mauritius in East Africa. This reflects a total of eight portfolio companies across a diverse range of agri and food related businesses.
Phatisa brings a track-record of managing private equity funds and businesses throughout the continent. The African Agriculture Fund focuses on agriculture and food production which is a target growth area for Kanu Equipment.
Phatisa’s aim is to fund expansion opportunities throughout Africa, increasing the rental fleet in response to demand for additional rental equipment and investing in working capital and spare parts inventories. It is envisaged that Phatisa’s expertise in developmental agriculture funding and their extensive African presence will bring deal flow opportunities to Kanu Equipment, allowing the company to reach its objective of becoming the leading distributor of equipment and related spares on the African continent.