Amethis is pleased to announce the promotion to Investment Partner of Frank-Astère Ndiyo Butoyi.

Paris, September 2st, 2024 –

We are pleased to announce the promotion of Frank-Astère Ndiyo Butoyi to the position of Partner at Amethis. This recognition underscores Frank’s significant contributions and dedication to our firm’s growth, particularly in the East African region.

Since joining Amethis in 2015, Frank has been pivotal in driving our strategic initiatives in East Africa. His emphasis on sustainability, responsible investment, and financial performance has played a key role in shaping the region’s investment landscape. Based in Nairobi since 2018, Frank has led and contributed to several important investments, including transactions with Naivas in Kenya and Merec in Mozambique as well as exits in the region. His hard work has bolstered our presence in East Africa, built a strong local network for future deals thus creating lasting value for our partners and stakeholders.

Before joining Amethis, Frank accumulated extensive experience with KPMG’s Transaction Services department in Paris, where he specialized in due diligence and valuation missions across the African continent. His diverse background also includes two years at Société Générale in New York, following the start of his career with HSBC and Natixis Finance in Paris. He holds a degree in Global Markets and Investment Banking from Dauphine University in Paris.

Luc Rigouzzo and Laurent Demey, Managing Partners at Amethis, remarked on Frank’s promotion: “Frank’s elevation to Partner is a reflection of his dedication, expertise, and the significant impact he has made on our operations in Africa – since joining our team. His promotion is a natural progression that acknowledges his professionalism and deep involvement in Amethis’ mission.”

About Amethis

Founded by Luc Rigouzzo and Laurent Demey, and member of Edmond de Rothschild Private Equity Partnership, Amethis is an investment fund manager active in Africa and Europe, with assets under management of €1 billion and more than 40 or so investments to date. Amethis provides growth capital to promising mid-sized champions in a variety of sectors, offering growth support through its international network covering Europe and Africa. With six offices in Paris, Abidjan, Casablanca, Nairobi, Cairo and Luxembourg, the Amethis team includes 50 experienced professionals with strong regional and sector expertise.

To learn more: www.amethis.com