British International Investment

Adiwale Fund I

AfricaCote d'IvoireGuineaMauritiusSenegalTogoAfricaBusiness and consumer servicesConstruction and real estateEducationFood and agricultureHealthManufacturing

Adiwale Fund I is an SME fund primarily targeting investments in West Africa focusing on Cote d’Ivoire, Senegal, Burkina Faso and Mali. It is the first fund raised by Adiwale Partners and will make investments in selected industry sectors (FMCG, business services and manufacturing) with commitments of $3 million to 10 million.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $19.08m Africa Business and consumer services, Construction and real estate, Education, Food and agriculture, Health, Manufacturing October 2019 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
CAP Guinea West Africa Health August 2024 Active
Codex SA Senegal West Africa Construction and real estate June 2025 Active
Enko Education Limited Africa Africa Education May 2022 Active
Global Action Senegal West Africa Business and consumer services June 2023 Active
Independent Drilling Company Mauritius Mauritius, West Africa Africa, East Africa Manufacturing January 2022 Active
Jus Délice SA Togo West Africa Food and agriculture December 2024 Active
MCT Cote d'Ivoire West Africa Business and consumer services May 2021 Active
Novago Africa Africa, Cote d'Ivoire Africa, West Africa Business and consumer services January 2023 Active

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