Cauris Croissance II

Cote d'Ivoire Manufacturing, Communications and IT Services, Other consumer services, Financial services, Health

A francophone West African SME fund.

This investment was made when British International Investment was named CDC Group. It was also was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

Africa, West Africa

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

Communications and IT Services, Financial services, Health, Manufacturing, Other consumer services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

Intermediated investment
Fund manager:
Cauris Capital Partners II
Start date

For direct investments, this is the date British International Investment committed capital to the business or project.

For funds, this is the date that British International Investment committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

October 2010

For direct investments, this is the total amount that British International Investment has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that British International Investment has committed to the fund.


This is the investee company’s place of incorporation; or a fund’s jurisdiction.


Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Azalai Hotels

Azalai Hotels is a regional hotel group operating in four countries: Mali, Burkina Faso, Guinea-Bissau and Benin. The group owns six hotels with 3-5 star standards.

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Africa, West Africa Other consumer services December 2012 Active
Axxend Corporation 2

Axxend Corporation is an IT services company with operating subsidiaries in Senegal, Côte d Ivoire, Ghana and Cameroon.

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Africa Communications and IT Services May 2013 Active
Africa West Industries (AWI)

Africa West Industries is a Côte d'Ivoire-based company which produces soap bars and soap pellets from crude palm oil. Products are marketed within the West African market.

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Cote d'Ivoire Africa, West Africa Manufacturing April 2015 Active

We are now British International Investment