We focus on companies that provide products for the fast-emerging African middle class

Our investment process combines rigorous analysis with comprehensive due diligence. We seek out compelling investment opportunities where we can obtain exclusive terms, rational pricing and strong influence. We remember that the fund’s initial investment is only the beginning of the process and we work closely with the fund’s portfolio companies to create value. Finally, we keep our eyes on exit opportunities throughout the fund’s investment period and the partners have considerable experience exiting African companies.

Our Focus

We expect the fund to invest in a wide variety of companies throughout the continent, with a view towards not concentrating on any one country, region or industry. We have a focus on companies that provide products and services for the fast-emerging African middle class, which we believe offer the most attractive investment profiles.

These include, but are not limited to the following industries: financial services, FMCG, pharmaceutical and health, housing and other real estate development. We also expect the fund to make selective investments in African resources and related industries

Where We Invest

ADP I can invest throughout Africa, with a focus on increasing investments in the fast growing post-conflict and newly liberalising African countries.

Our Criteria for Investment

We consider profitable or cash-flow positive companies with projected high revenue growth, either organically or through acquisitions. They should offer ADP I the ability to exit over the lifetime of the investment.

The companies’ management must be experienced, and committed to transparency; with a clear corporate strategy designed to create value for shareholders.

How We Add Value

We are able to offer the companies in which the fund invests assistance with: strategic planning, development of internal financial and management systems, best practices corporate governance, product and geographic expansion, fundraising, listing on relevant stock exchanges, and joint venture and mergers.

How We Monitor Our Work

Our monitoring team works independently of the transaction and company teams and constantly scrutinises exit opportunities.

Our monitoring and value-added services are judged against the initial Portfolio Company Management Plan