African Capital Alliance

African Capital Alliance is a private equity firm founded in 1997, with its headquarters in Port-Louis, Mauritius, and an additional office in Lagos, Nigeria. The firm specializes in growth capital and equity investments, targeting small and medium-sized enterprises across various sectors, including oil and gas, media, healthcare, energy, technology, telecommunications, and agriculture. African Capital Alliance focuses primarily on middle-market companies in West Africa, particularly Nigeria, while also exploring opportunities in other Sub-Saharan African nations. The firm aims to support growth companies and turnaround situations, often making control investments ranging from $1 million to $60 million, with significant minority and majority rights. Through its subsidiaries, African Capital Alliance offers private equity, asset management, and real estate management services, positioning itself as an impactful player in the African investment landscape.

Yemisi Akinbo

Principal

Kunle Alli

Principal

Bukola Ayanbule

Principal

Kikelomo Longe

Principal

Ronald Mincy

Partner

Ogedi Onyeama

Principal

Uwa Osa-Oboh

Principal

Past deals in West Africa

Global Accelerex

Private Equity Round in 2020
Global Accelerex is a Nigerian company established in 2012 that specializes in electronic payment and financial technology solutions. It provides a range of services including payment collection, disbursement, invoicing, and order management, aimed at serving banks, businesses, and consumers across multiple channels. The company's platform is designed to facilitate secure, reliable, and cost-effective electronic payment, collection, and remittance solutions. By focusing on enhancing risk management, production demand management, sales forecasting, and distribution planning, Global Accelerex enables its users to efficiently process financial transactions, thereby supporting the growth of commerce in the region.

Beloxxi

Private Equity Round in 2016
Beloxxi Industries Limited is a Nigerian company that specializes in the production and supply of cream cracker biscuits. Founded in 1994 and headquartered in Agbara, Nigeria, the company operates with a focus on quality and affordability. Beloxxi's biscuits are produced using a hygienic and efficient process, utilizing high-quality raw materials without additives. The product range is designed to meet global standards while providing healthier snacking options for customers in Nigeria and West Africa. The company's distribution network ensures that its products are accessible to a wide audience, reflecting its commitment to consumer satisfaction and continuous improvement.

Filmhouse Cinemas

Private Equity Round in 2014
Filmhouse Cinemas Limited is a prominent film exhibition company based in Lagos, Nigeria, specializing in cinema operations and consultancy for cinema development. Established in 2012, the company operates multiplexes across various cities in Nigeria, including Calabar, Asaba, Port Harcourt, Ibadan, Kano, Ikoyi, and Apapa. Filmhouse Cinemas aims to provide an engaging experience for its audiences through a range of state-of-the-art features, such as digital and three-dimensional cinema technologies, games arcades, ice cream cafés, food concessions, toy shops, and a kids' club. Additionally, the company offers facilities for corporate meetings, events, conferences, and private screenings, as well as cinema screen advertising services. With a senior management and development team boasting over 100 years of combined experience in cinema operation and film entertainment across multiple countries, Filmhouse Cinemas is committed to enhancing the cinematic experience in Nigeria and West Africa.

Wakanow

Venture Round in 2014
Wakanow is an online travel agency based in Nigeria, providing a comprehensive platform for travelers seeking affordable flights, hotel reservations, and airport transfers. As the largest travel portal in Nigeria, Wakanow.com facilitates the research, planning, and purchasing of travel options, addressing the common challenges and inefficiencies within the travel industry. The platform offers a range of services, including visa assistance and holiday packages, ensuring a seamless experience from planning to payment. Wakanow prioritizes secure transactions, aiming to build trust and convenience for its users as they explore various travel opportunities.

Union Bank of Nigeria

Private Equity Round in 2011
Union Bank of Nigeria Plc is a full-service commercial bank headquartered in Lagos, Nigeria. Established in 1917, the bank serves a diverse clientele, including individuals, small and medium-sized enterprises (SMEs), and large corporations, primarily in Nigeria and the United Kingdom. It operates through four main segments: Retail Banking, Commercial Banking, Corporate Banking, and Treasury. Union Bank offers a variety of financial products and services, such as current and savings accounts, debit cards, online and mobile banking, SME solutions, loans, credit services, and cash management. The bank is a subsidiary of Union Global Partners Limited and is committed to supporting economic growth through its comprehensive banking solutions.

Capic Hexagon Nigeria

Private Equity Round in 2008
Capic Hexagon Nigeria operates as a construction and real estate company.

Skye Capic Select

Private Equity Round in 2008
Skye Capic Select is planned as a 126 room hotel with conferencing facilities located in the Alausa Ikeja area.

MTN Nigeria Communications

Private Equity Round in 2007
MTN Nigeria Communications PLC is a leading provider of telecommunications and mobile financial services in Nigeria. Founded in 2001 and headquartered in Lagos, the company offers a wide range of services, including mobile telecommunications, broadband fixed wireless access, and mobile money solutions. MTN Nigeria serves approximately 55 million subscribers, delivering airtime, data, digital services, and short message services, along with interconnect and roaming capabilities. The company operates through three main segments: the Consumer Business Unit, which caters to various customer segments; the Enterprise Business Unit, targeting small and medium enterprises; and the Wholesale Business Unit, which serves clients purchasing telecom products. As a subsidiary of MTN International (Mauritius) Limited, MTN Nigeria plays a crucial role in the Nigerian telecommunications landscape.

Cornerstone Insurance

Private Equity Round in 2007
Cornerstone Insurance Plc is a prominent insurance provider in Nigeria, specializing in both life and non-life insurance products. The company offers a wide range of services, including property-casualty insurance, motor vehicle, aviation, marine, engineering risks, and various liability coverages. Additionally, Cornerstone Insurance provides life insurance options such as group life, credit life, mortgage protection, term assurance, and wealth creation products. The firm also offers Halal Islamic Insurance products through its Takaful segment. Beyond insurance, Cornerstone Insurance engages in leasing and fund management services, catering to multinationals, small and medium enterprises, and high net worth individuals. Incorporated in 1991, the company is headquartered in Lagos, Nigeria, and serves both corporate and individual customers throughout the country.

Swift Networks

Private Equity Round in 2006
Swift Networks Ltd. is a telecommunications provider based in Lagos, Nigeria, established in 2002. The company offers a range of services, including residential broadband and fixed telephony, as well as solutions tailored for small businesses, such as telephone and fax lines, web hosting, email hosting, and PaBX services. For larger enterprises, Swift Networks provides comprehensive solutions that include digital telephony, MPLS services, remote internet access, VPNs, video streaming, surveillance, and Wi-Fi hotspots. The company operates using a multi-service network platform built on advanced networking technologies and holds an exclusive wireless spectrum license from the Nigerian Communications Commission (NCC) for reliable connectivity. Swift Networks aims to deliver high-quality telecommunications services and has attracted significant foreign direct investment to support its growth and innovation in the industry.
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