News - Amethis

23/01/2023

The Amethis team is pleased to announce its exit from the capital of Disway Tunisia

Casablanca, December 28th, 2022 – The exit of Amethis from the capital of Disway Tunisia was successfully completed at the end of last month, in favour of the majority shareholder Disway SA, which consolidated its participation to 100%. Disway Tunisia...

04/01/2023

Amethis is pleased to announce its planned exit from the capital of CIEL Finance Limited

Paris, 22 December 2022 – Upon completion of its investment, Amethis announces its planned exit from the capital of CIEL Finance Limited Amethis invested in 2015 in CIEL Finance Limited (CFL), the financial arm of CIEL Group, one of the...

14/12/2022

Amethis is pleased to announce the acquisition of a minority stake in the Globex Group

Casablanca, 9 December 2022 – Amethis is pleased to announce the acquisition of a minority stake in the Globex Group, a major player in express courier, freight and transit solutions in Morocco and sub-Saharan Africa. Founded in 1998 in Casablanca,...

24/11/2022

The Amethis team is pleased to announce its successful exit from the capital of CFG Bank (Morocco)

Casablanca, November 23rd, 2022 – The Amethis team is pleased to announce its successful exit from the capital of CFG Bank (Morocco). In 2018, Amethis invested in CFG Bank to accompany its new phase of development as well as the...

11/10/2022

Amethis is pleased to announce the promotion of three new Partners: Adnane Zerhouni, Toufic Khoueiry and Wilfried Poyet

Paris, October 11th, 2022 – Amethis is pleased to announce the promotion of three new Partners: Adnane Zerhouni, Toufic Khoueiry and Wilfried Poyet. Khady Kone-Dicoh and Nicolas Manardo are also promoted to Senior Partners. Amethis continues to strengthen its platform,...

06/09/2022

Amethis will participate to IPEM 2022 in Cannes

Amethis is delighted to be attending IPEM 2022 in Cannes on the 20/21/22 of September. Nicolas Manardo (Partner) & Romain Gauvrit (Managing Director) will represent our new strategy Amethis Europe Expansion. Luc Rigouzzo (Managing Partner) will also attend with Henri...

31/08/2022

Amethis and Edmond de Rothschild Private Equity complete final close of Amethis MENA II on target at EUR 120mn

Amethis Investment Fund Manager S.A., the alternative investment fund manager dedicated to long-term responsible investing across the African continent, and Edmond de Rothschild Private Equity, are pleased to announce the final close of Amethis MENA Fund II S.C.A, SICAV-RAIF (“AMF...

25/07/2022

Successful exit of Pétro Ivoire, the leading retail distributor of oil and gas products in Cote d’Ivoire

Abidjan, July 27, 2022 – Amethis is pleased to announce its successful exit of Pétro Ivoire, the leading retail distributor of oil and gas products in Cote d’Ivoire, through the sale of its minority stake to Caisse Nationale de Prévoyance...

24/06/2022

Amethis is pleased to announce it has reached an agreement to sell its stake in Naivas to IBL Group

Amethis, alongside its partners, DEG, MCB Private Equity, and IFC, a member of the World Bank Group, are pleased to announce they have reached an agreement to sell their stake in Naivas International (Mauritius), which owns 100% of the shares...

14/06/2022

Participation of Amethis in the Africa CEO Forum

Luc Rigouzzo was moderator of the “Family Business” panel at the Africa CEO Forum held on 13 and 14 June 2022 in Abidjan. This panel – which gave the floor to managers and directors of large family businesses on the...

10/05/2022

Amethis acquires GlobalCorp, a leading non-bank financial services player in Egypt, alongside the EBRD and SPE Capital

A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (EBRD), and SPE AIF I, LP (SPE Capital) has acquired a majority stake in GlobalCorp for Financial Services S.A.E (GlobalCorp), a leading non-banking financial services...

22/04/2022

We are pleased to share our impact report with you

Amethis is pleased to share its impact report with you Since our founding in 2012, we have integrated responsible investment into the core of our principles and practices. We have developed a comprehensive conceptual framework that goes beyond the financial...

14/04/2022

Amethis Europe Expansion – Social Impact Event

14/02/2022

Amethis invests in SIBM, the Ivorian leader in precast concrete products

Amethis acquires a minority stake in SIBM, the leading manufacturer of precast concrete products in Côte d’Ivoire. Founded in 1952 in Abidjan, SIBM addresses 3 end markets: electrification, with the manufacturing of concrete electric poles; infrastructure (gutters, nozzles, culverts, paving...

20/12/2021

Amethis sells its entire stake in Velogic through an IPO

Amethis sold its entire 33.77% stake in Velogic, a leading transport and logistics company based in Mauritius and active in the Indian Ocean, portfolio company of Amethis Fund I, through an IPO on the Development & Enterprise Market of the...

16/11/2021

Amethis invests into Tarjama, the leading language technology & services firm in the MENA region

Amethis, through its newly launched fund, Amethis MENA Fund II (AMF2), has completed its second transaction, acquiring a minority stake in Tarjama. Founded in 2008 by Jordanian entrepreneur Nour Al Hassan, Tarjama is the leading language technology & services provider...

09/09/2021

Amethis acquires a minority stake in Avacare Global

Amethis acquires a minority stake in Avacare Global (« Avacare »), a key regional distributor and manufacturer of pharmaceuticals and healthcare consumable products mainly operating in Southern Africa. Amethis is pleased to announce the acquisition of a minority stake in...

31/08/2021

Amethis sold its 22% stake in Sodigaz APC, the leading gas bottle distributor in Burkina Faso

Amethis sold its 22% stake in Sodigaz APC, the leading gas bottle (LPG) distributor in Burkina Faso, to African Infrastructure Investment Managers (AIIM) Amethis is pleased to announce the sale of its minority stake in Sodigaz APC to African Infrastructure...

30/08/2021

Amethis completes first closing of Amethis MENA Fund II at USD 101mn

Amethis is pleased to announce the first closing of Amethis MENA Fund II at USD 101mn (EUR 85mn). The Fund, which will target majority and minority investments ranging from EUR 5 – 15mn in fast-growing small-to-medium sized enterprises in Morocco,...

23/08/2021

Amethis sells its stake in Fidelity Bank Ghana

23 August 2021 – LeapFrog Investments, the Profit with Purpose investment firm, has acquired a 16.94% stake in Ghana’s largest privately-owned bank, Fidelity Bank Ghana Limited from Amethis, an investment fund manager dedicated to the African continent, and Edmond de...

13/07/2021

Amethis announces the hiring of Nicolas Manardo as Partner

22/03/2021

Amethis invests into Magriser, a pioneer in micro-irrigation systems in Morocco

Amethis announces the signing of a majority investment in Magriser, a leader player in micro-irrigation systems in Morocco. This is the first operation of Amethis MENA Fund II, dedicated to the SMEs in the region. Established in 1987 by Mr. Azzedine Azzouz,...

02/02/2021

Amethis invests into NMA, a Senegalese leader in food production

Amethis announces the signing of an investment in Nouvelle Minoterie Africaine (NMA), a longstanding Senegalese FMCG player. As we look forward to completing our first transaction in Senegal, we envision NMA transaction as a solid partnership with a company having eager expectation to reach the next...

02/02/2021

Khady Koné-Dicoh and Jean-Thomas Lopez appointed Partners

Amethis is happy to announce the appointment of two new Partners, Amethis is happy to announce the appointment of 2 new Partners, Khady Koné-Dicoh and Jean-Thomas Lopez, bringing the number of Partners in the firm to 6. Luc Rigouzzo and...

05/10/2020

Amethis and Naivas launch the Solidarity Project in Kenya

The epidemic of Covid-19 is still present on the African continent and continues to affect its population, especially the most disadvantaged and poorest. This situation is particularly felt in Kenya, where we opened an office in 2019. Families in poor...

01/09/2020

Best Health acquires Mabiotech

Best Health is a Moroccan specialist in the distribution and instalment of medical equipment for hospitals and clinics in Morocco and Tunisia, and portfolio company of Amethis Maghreb Fund I. In July 2020, the Group finalized the acquisition of Mabiotech,...

28/02/2020

Amethis acquires a minority stake in the Naivas group

Amethis acquires a minority stake in the Naivas group, the Kenyan leading retailer. Amethis, alongside its partners DEG, MCB Equity Fund and IFC, a member of the World Bank Group, is pleased to announce its partnership with Naivas. The transaction...

08/01/2020

Luc Rigouzzo in Option Finance

Luc Rigouzzo, Managing Partner at Amethis, has contributed to Option Finance’s magazine last special edition on Investment in Africa. Find his interview here (text in French).

10/12/2019

Merec : Africa Food Deal of the Year

Amethis, Proparco and KiboCapitalPartners are awarded the 2019 “Africa Food Deal of the Year” by the Food Business Africa Magazine for their investment in Merec. Merec is a leading miller and packaged food manufacturer in Mozambique. Congratulations ! Find out more about the deal here: https://lnkd.in/gqTUYFf

09/12/2019

Amethis awarded Best Private Equity Investor

Amethis is proud to be awarded « Best Private Equity Investor » at the Africa Investments Forum & Awards 2019 held in Paris ! At this occasion, Laureen Kouassi-Olsson, Investment Director at Amethis, was a speaker at the panel “Financing...

06/11/2019

Amethis has intervened at the Super Return Middle East

Laurent Demey, Managing Partner at Amethis, has discussed investment in Africa from a LP perspective at the Super Return Middle East in Dubai. For investors, finding the right partner is key to access the best investment opportunities in Africa.

31/10/2019

Amethis has participated to Ambition Africa

Amethis was proud to participate to AmbitionAfrica 2019 this week ! Luc Rigouzzo, Managing Partner, spoke at the panel “It’s time for Africa !” about the new growth drivers in Africa, and Khady Koné-Dicoh, Investment Director, presented Africa from an...

05/10/2019

Khady Kone-Dicoh has participated to the French African Young Leaders program

Khady Kone-Dicoh, Investment Director at Amethis, has participated to the French African Young Leaders program in Ghana, a French-African Foundation initiative launched to support the next generation of entrepreneurs. https://www.linkedin.com/feed/update/urn:li:activity:6585927516685508608 https://www.french-african.org/young-leaders-2019

27/09/2019

Amethis sells its minority stake in the Compagnie de Distribution de Côte d’Ivoire (CDCI)

Amethis is pleased to announce the sale of its minority stake in Compagnie de Distribution de Côte d’Ivoire (CDCI) to Groupe Retail Holding, a Moroccan group that holds several modern distribution franchises in Morocco. Acquired in 2002 by the Ivorian-Lebanese...

26/09/2019

Amethis will participate to InnoGénération

Amethis will participate to InnoGénération, Bpifrance’s biggest business event, which will be held on October 10 at the AccorHotel Arena, Paris. Come and meet us there! Information and registration on 👉 http://bit.ly/2H3BZ6R

04/09/2019

Amethis invests in VLH, major player of the hospitality and leisure sector in Mauritius

Amethis partners with Rogers Group to support VLH’s strategic development in Mauritius Amethis, an investment fund manager dedicated to the African continent, acquires a stake in VLH, the hospitality subsidiary of Rogers Group, a listed company on the Stock Exchange...

27/06/2019

Amethis sells its stake in the Dislog Group

Casablanca, June 25th, 2019 Amethis announces the sale of its participation in the Dislog Group. The transaction allows Mouncef Belkhayat founder and majority shareholder to regain a controlling equity stake in the company in provision of a new investment cycle....

17/06/2019

Amethis announces the final close of Amethis Fund II at EUR 375 million, well above target

Amethis, the investment fund manager dedicated to long-term responsible investments in Africa, is pleased to announce the final close of its second Pan-African fund, Amethis Fund II, which collected EUR 375m from more than 70 investors in Europe and Africa,...

04/02/2019

Amethis announces intermediary closing of Amethis Fund II at 305m EUR

Amethis announces an intermediary closing of Amethis Fund II at EUR 305m, above its original target Amethis, the investment fund manager dedicated to long-term responsible investments in Africa, is pleased to announce an intermediary closing of its second Pan-African fund,...

03/12/2018

Vantage Capital supports Amethis and West Africa Emerging Markets Growth Fund exit from Petro Ivoire

Abidjan, Cote d’Ivoire – Amethis, Vantage Capital and West Africa Emerging markets Growth Fund (WAEMGF) are pleased to announce the sale of Amethis and WAEMGF participations in Petro Ivoire through a Leveraged Management Buy Out, one of the first of...

17/08/2018

Amethis acquires a minority stake in the Merec Industries, leader in the production and distribution of wheat and maize based products in Mozambique.

Amethis Fund II, alongside its partners Kibo Fund II and Proparco are pleased to announce their partnership with Merec Industries of Mozambique. The transaction marks the acquisition of a minority equity stake into an established fully integrated wheat miller with...

18/05/2018

AMETHIS SET FOOT IN MOROCCO BY TAKING OVER THE MANAGEMENT OF THE FUND CAPITAL NORTH AFRICA VENTURE II (CNAV II)

05/05/2018

Amethis acquires a minority interest in CFG Bank Morocco

Amethis and Africinvest are pleased to announce their equity partnership with CFG Bank. Created in 2012, CFG Bank is praised as pioneer of Investment Banking in Morocco. The institution then expanded its activities and continuing with that trend has recently...

17/01/2018

Amethis invests in Afriwara – West Africa

Amethis invests in Afriwara, dynamic player in consumer goods in West Africa. Partnership will help accelerate the company’s organic and external growth strategy Amethis, a leading African investment firm is pleased to announce the acquisition of a minority stake in Afriwara...

25/12/2017

Amethis acquires a significant minority stake in Groupe Premium

Amethis acquires a significant minority stake in Groupe Premium to support this leading industrial equipment distributor in its African expansion. Amethis is happy to announce its partnership with Groupe Premium, the leading industrial equipment distributor in Morocco and now present...

13/09/2017

JEUNE AFRIQUE BUSINESS PLUS – WITH SODIGAZ, AMETHIS SET FOOT IN BURKINA, KHADI KONÉ-DICOH

Avec Sodigaz, Khady Koné-Dicoh introduit Amethis au Burkina Le leader burkinabè de la distribution de bouteilles de gaz a un nouvel actionnaire. L’investissement d’Amethis Finance, annoncé le 04 septembre, tourne autour d’une dizaine de millions d’euros, selon les informations de Jeune...

08/09/2017

Amethis invests in Sodigaz – Burkina Faso

Amethis acquires a significant minority stake in the Sodigaz, leader in the distribution of LPG bottled gas in Burkina Faso. Amethis is happy to announce the acquisition of a minority stake in the Sodigaz Group, leader in the distribution of...

22/02/2017

Amethis invests in Kenafric Industries – Kenya

Amethis Finance and Metier partner to acquire a significant minority stake in Kenafric Industries Limited, the East African leader in the confectionery sector. Amethis Finance and Metier are pleased to announce their partnership with Kenafric Industries (“Kenafric”), in the acquisition...

06/10/2016

Amethis Finance speaker at the Convergences Forum

Luc Rigouzzo, Founding Partner of Amethis, attended the global forum Convergences on September 6th 2016 in Paris, to participate in a panel on access to water and energy in developing cities.

20/11/2015

Amethis supports West Africa’s Leader in the Healthcare Sector

Amethis is pleased to announce its entry into West Africa’s healthcare market with a minority equity investment in HMAO Group. HMAO is a group composed of clinics and laboratories and is the leader in the healthcare market in the region....

15/10/2015

AMETHIS STANDS AS A MAJOR PLAYER OF GROWTH CAPITAL IN AFRICA

08/10/2015

Amethis is pleased to announce the closing of a syndicated loan to Ecobank Nigeria arranged by FMO

October 7th, 2015 Amethis Finance is pleased to announce its participation in a USD 75millon subordinated loan for Ecobank Nigeria syndicated by FMO

24/08/2015

Amethis new equity investment in Boulos Group – Nigeria

Amethis Finance is pleased to announce extending a convertible loan to Elephant Africa Holding, a holding company controlling 100% of both Bel Papyrus Ltd. and Bel Impex Ltd., the leading producers of tissue paper products in Nigeria. Alongside Amethis, EuroMena...

13/08/2015

Amethis Finance increases its stake in CIEL Finance Limited to 24.9%

Amethis Finance, which already acquired in February 2015 a 17.1 % participation in CIEL Finance Limited, the banking and financial services cluster of the Mauritian group CIEL, has increased its stake by 7.8%, as initially planned, thus confirming its trust...

28/04/2015

AFRICA CEO FORUM – INTERVIEW WITH LUC RIGOUZZO ON FRANCE 24

30/03/2015

Amethis Finance has won the 2015 award for the outstanding First-Time GP from private Equity Africa

March 30th, 2015 Amethis Finance is proud to announce that it has won the award for the Outstanding First-Time by Private Equity Africa .

25/03/2015

Amethis Finance and National Bank of Canada seals a partnership with the NSIA Group

March 25th, 2015 Amethis Finance and National Bank of Canada acquire a minority stake in the NSIA Group

03/03/2015

Amethis Finance Partners with Ciel Finance Limited

February 25th, 2015 Amethis Finance has taken a 17.1% participation in CIEL Finance Limited, the Banking & Financial Services cluster of Mauritius-based CIEL group.

08/01/2015

Amethis Finance invests in Ramco Plexus, a leading printing and packaging Group in Kenya

December 19th, 2014 This partnership intends to consolidate Ramco’s market share and reinforce its expansion in East and Central Africa.

10/12/2014

Amethis Finance and Retail Holding jointly invest in CDCI

Paris, the 8th of December 2014 Amethis and Retail Holding (the parent company of Label'Vie) jointly invest in the “Compagnie de Distribution de Côte d'Ivoire” (CDCI), the number 2 food distribution Company in Côte d’Ivoire.

02/09/2014

LUC RIGOUZZO: SPEAKER AT THE ROADSHOW OF BRVM IN PARIS

11/08/2014

Fidelity Bank chooses IBM to drive transformation agenda

The 5th of August 2014 International Business Machines Corp (IBM.N) has won a $66 million, five-year contract with Fidelity Bank Ghana to manage IT infrastructure and services.

30/06/2014

Amethis Finance successfully mobilizes €280m in equity and $150m in debt

Paris, the 30th of June 2014 Amethis Finance is pleased to announce it has successfully reached its final close in June 2014, attracting an unprecedented number of private investors for an African fund.

25/06/2014

Amethis supports the Africa CEO Forum

In two editions, the AFRICA CEO FORUM has become a privileged space for dialogue between the chief executives of Africa’s major companies and public officials.

02/06/2014

Interview with Laurent Demey, Amethis Finance Managing Partner

The 30th of May 2014 "Investment funds bring both the money required and an involvement in the company; a wealth of experience and networks, which help companies to take the next step as they grow." Laurent Demey for the African...

02/06/2014

Interview with Laureen Kouassi-Olsson, Investment director at Amethis Finance

The 30th of May 2014 Laureen Kouassi-Olsson unravels Amethis’ strategy in the financial sector in sub-Saharan Africa for the African Business Magazine.

02/06/2014

Helping Kenyans scale great heights

Nairobi, May 2014 In an interview with United World, Duncan Kabui, CEO of Chase bank, talks about the company's move into the retail and Islamic banking segments, the mobile banking revolution and Chase’s own banking app, Mfukoni.

01/05/2014

AFRICA NEEDS A MATURE FINANCIAL INDUSTRY

Quelles sont les raisons qui vous ont amené à lancer Amethis Finance ? Amethis Finance est née de l’expérience tirée de plus de vingt ans d’investissement responsable à long terme sur le continent. L’Afrique est aujourd’hui un continent en pleine...

28/04/2014

INVESTMENTS: THE FUNDS RUSH

10/04/2014

Amethis closes its fifth transaction with Fidelity

Accra, the 8th of April 2014 Amethis Finance and Edmond de Rothschild Europportunities Management II complete the acquisition of a minority stake in Fidelity Bank Ghana. This transaction represents Amethis’ third investment in the Sub-Saharan Africa Banking sector and the...

26/03/2014

Amethis Finance announces the creation of Amethis West Africa

Geneva, the 18thof March 2014 Amethis West Africa is a pioneer initiative in the Private Equity Industry in Francophone Africa. Filling the financial gap, it will target minority equity investments in mid-sized companies.

27/01/2014

AMETHIS PARTICIPATES IN THE FORUM ICI 2014 “INVEST IN IVORY COAST” IN ABIDJAN

04/12/2013

Amethis Finance invests in Velogic

Port-Louis, the 4th of December 2013 Amethis Finance invests in Velogic, a leading and fast growing logistics and transport company in the Indian Ocean targeting regional expansion.

06/11/2013

Luc Rigouzzo speaks at the Africa Investor summit

The 6th of November 2013 Africa Investor summit gathers global institutional investors and public and private sector project promoters on transactions in Africa.

06/11/2013

AMETHIS COMPLETES ITS FIRST DEBT TRANSACTION

Accra, the 24th of October 2013Amethis Finance completes its first debt transaction trough a Tier II loan to UT Bank, one of the fastest growing bank in Ghana.

23/10/2013

INTERVIEW WITH LAUREEN KOUASSI-OLSSON

Paris, le 23 Octobre 2013 Entretien au sujet des évolutions récentes du secteur bancaire Africain réalisé par Guy Registe pour Telesud.

23/10/2013

INVESTMENTS: AFRICAN GROWTH ATTRACTS AMERICAN INVESTORS

Le 11 Octobre 2013, La croissance du continent aiguise l'appétit des investisseurs américains. Grandes enseignes et banques d'affaires veulent leur part du gâteau. Et ce n'est qu'un début. Article d'Alain Faujas.

20/10/2013

AMETHIS DISRUPTS THE AFRICAN PRIVATE EQUITY MARKET WITH “AWA”

Le 17 Octobre 2013, Paris Amethis finalise la mise en oeuvre d'une société d'investissement, baptisée Amethis West Africa (AWA) qui aura son siège à Abidjan, en Côte d'ivoire, et vise un capital de 40 millions d'euros.

20/09/2013

INVESTMENT FUNDS SET OUT TO CONQUER AFRICA

6 Septembre 2013 Le pari de la croissance de la classe moyenne en Afrique, par Isabelle Chaperon

20/09/2013

RENEWABLE ENERGY IS OUR PRIORITY

24 Septembre 2013 Entretien avec Elizabeth Littlefield, PDG de l'OPIC (Overseas Private Investment Corporation), réalisé par Frédéric Maury et Nicolas Teisserenc pour Jeune Afrique.

04/09/2013

OPIC and Amethis Finance

Paris, the 5th of September 2013 OPIC and Amethis Finance sign a US $ 150 million credit line to support the development of priority sectors in Africa.

12/08/2013

Amethis joins UN PRI

The 12th of August 2013 Amethis Finance is pleased to announce that it signed The United Nations Principles for Responsible Investment.

18/07/2013

Amethis invests in PétroIvoire

Abidjan, the 18th of July 2013 Amethis Finance achieved its second investment in PétroIvoire only six months after its first close and after its first investment in Chase Bank in March 2013.

22/06/2013

Amethis : aim for the consumer market

06/03/2013

Soon: new $500m Africa fund

Nairobi, the 16th of February 2013 Amethis Finance, a Luxembourg regulated closed-end fund, raised a debt of $150 million and closed equity of $140 from several investors. An additional $40 million is expected within this first quarter from large institutional...

06/02/2013

Amethis First closing: mobilizing USD 330m

Paris, December 2012Amethis Finance: mobilizing successfully more than USD 330m for Africa thanks to a successful 1st closing in equity one year after inception and the approval of a USD 150m credit line from OPIC.