Eranove
Venture Round in 2021
Eranove SA is a prominent player in public service management, focusing on electricity and drinking water production in West Africa. The company generates electricity through hydro-electric dams, thermal power stations, and independent electricity production using combustion turbines. It manages the transmission and distribution of electricity, providing customer services through call centers and commercial channels, while also exporting electricity to neighboring countries such as Ghana, Togo, Benin, Burkina Faso, and Mali on behalf of the Ivorian government. In addition to its electricity operations, Eranove is involved in the production and distribution of potable water in Côte d’Ivoire and Senegal, maintaining water treatment facilities and transport networks. The company also addresses sewage and drainage services and supports remote villages with man-powered pumps. Founded in 2003 and based in Paris, Eranove has undergone a name change from Finagestion SA in 2014, reflecting its commitment to providing sustainable access to essential services in the region.
Oragroup
Private Equity Round in 2008
Oragroup SA is a banking institution that provides a range of personal and business banking services across West and Central Africa. Established in 1988 and headquartered in Lomé, Togo, the company operates under the brand Orabank and has a network of 149 branches in 12 countries, including Benin, Gabon, Guinea, Mauritania, Burkina Faso, Côte d'Ivoire, Guinea Bissau, Mali, Niger, Senegal, and Togo. Oragroup's offerings encompass various financial products, such as savings accounts, term deposits, operating and investment loans, employee loans, money transfer services, foreign currency exchange, and digital banking solutions. Additionally, the bank provides payment services and bancassurance products, catering to both individual and corporate clients.
Eranove
Acquisition in 2008
Eranove SA is a prominent player in public service management, focusing on electricity and drinking water production in West Africa. The company generates electricity through hydro-electric dams, thermal power stations, and independent electricity production using combustion turbines. It manages the transmission and distribution of electricity, providing customer services through call centers and commercial channels, while also exporting electricity to neighboring countries such as Ghana, Togo, Benin, Burkina Faso, and Mali on behalf of the Ivorian government. In addition to its electricity operations, Eranove is involved in the production and distribution of potable water in Côte d’Ivoire and Senegal, maintaining water treatment facilities and transport networks. The company also addresses sewage and drainage services and supports remote villages with man-powered pumps. Founded in 2003 and based in Paris, Eranove has undergone a name change from Finagestion SA in 2014, reflecting its commitment to providing sustainable access to essential services in the region.
Mineral Deposits
Post in 2007
Mineral Deposits Limited is an Australian mining company focused on the extraction and processing of mineral sands resources. Established in 1994 and headquartered in Melbourne, the company operates through a 50% interest in TiZir Limited, which oversees the Grande Côte mineral sands operation in Senegal and an ilmenite upgrading facility in Tyssedal, Norway. Mineral Deposits produces a range of products including zircon, titanium minerals such as ilmenite and rutile, as well as high-purity pig iron. The company has been involved in the mineral sands industry since the mid-1990s and has made significant strides in becoming an integrated mineral sands producer, positioning itself for future growth and development in the sector.
Teranga Gold
Acquisition in 2007
Teranga Gold Corporation is a Canadian gold mining company focused on the exploration, development, production, and sale of gold primarily in West Africa. Its flagship asset is the Sabodala gold mine, which spans 291 square kilometers and is located in Senegal, alongside a broader exploration land package of 629 square kilometers. Established in 2010 and headquartered in Toronto, Teranga operates additional assets in Burkina Faso and Côte d'Ivoire, positioning itself within some of the most prospective gold belts in the region. The company is dedicated to advancing its mining operations while contributing to the economic development of the communities in which it operates.
Bank of Africa
Acquisition in 2007
Bank of Africa is a banking institution based in Casablanca, Morocco, established in 1982, initially in Mali. It has grown into a prominent financial group with a presence in 17 countries across Africa and one in France. The network includes eight banks in West Africa—specifically in Benin, Burkina Faso, Côte d’Ivoire, Ghana, Mali, Niger, Senegal, and Togo—and seven banks in East Africa and the Indian Ocean, located in Burundi, Djibouti, Ethiopia, Kenya, Madagascar, Tanzania, and Uganda, along with a bank in the Democratic Republic of the Congo. The Bank offers a variety of financial services, including savings and current accounts, loans, insurance, and foreign exchange services through its branches and subsidiaries. Since 2010, the majority ownership of Bank of Africa has been held by BMCE Bank, Morocco's second largest private bank, which provides strategic support and facilitates access to international markets.