Quarter 1 – 2017
Welcome to Adansonia’s first Izindaba for 2017. Izindaba is the Zulu word for “NEWS” and we hope that you will find the articles contained in the newsletter of interest.
We set out below articles dealing with interesting developments in Africa (our primary focus area) with regard to electrification, and the significant role that Private Equity is playing in providing growth capital to businesses in Africa, as well as an update on the successful launch and subsequent performance of Adansonia PE Opportunities.
You will also see we are making great strides in growing the Adansonia Group by providing flexible office space in Grand Baie to our clients via Perrieri Office Suites (our property arm), and a new Human Resources services offering we are launching shortly.
Please feel free to forward this newsletter onto anyone who may find it interesting, visit our website www.adansoniafundmanager.com.sg for more information on our services, and any comments can be directed to Brendon.email@example.com.
THE ELECTRIFICATION OF AFRICA
A Global Construction Review (“GCR”) special report into the surge of power construction that will transform the continent over the next six years.
ADANSONIA PE OPPORTUNITIES (“APEO”) FUND UPDATE
APEO has now been operational for 9 months and has successfully completed 3 investments with a total capital commitment of USD 3,3 million.
APEO’s investment objective is to generate above average returns from the investment opportunities the directors introduce through their involvement with various investment structures and/or corporate networks, mainly in Africa. APEO evaluates investment decisions with the aim to deliver a total US$ portfolio return of at least 12,5% per annum above US inflation.
To read the latest investment report dated 31st March 2017, please click read more below.
A GROWTH ENGINE – TRENDS AND OUTCOMES OF PRIVATE EQUITY IN AFRICA
The Adansonia group, through its service offerings to corporate and private equity fund clients (with sub-Saharan African operations), already have many touch points with African companies and private equity funds.
In a recent report by the Economist Corporate Network (“ECN”), it is stated that Private-equity (PE) activity in Africa has increased significantly in the last 30 years. From a dozen or so active general partners (GPs) in the region in 1990, there are currently at least 140 GPs active in Africa. Between 2010 and 2016, GPs invested around US$25.6bn across sectors that ranged from consumer goods to water and sanitation.
To read the whole report, please click read more below.
PERRIERI OFFICE SUITES COMPLETES ITS ACQUISITION OF NEW OFFICE PREMISES
Perrieri Office Suites Limited (“POSL”), the property arm of the Adansonia Group completed the acquisition of the Suite C1-401, an office premise of 518 square meters situated on Level 4 of La Croisette, Grand Baie, Mauritius.
This takes the total square meters under management by the Adansonia Group to just under 700 square meters.
POSL has been fitted out to provide upmarket flexible office solutions for clients who have chosen Mauritius as their investment launch pad and wish to ensure that they comply with the ever increasing permanent establishment requirements.
Out of the total lettable space, only 70 square meters is vacant so please get in touch in the event you are interested in office space.
ADANSONIA HR SOLUTIONS TO BE LAUNCHED IN 2ND QUARTER 2017
The Adansonia group, through its service offerings to corporate and private equity fund clients (with sub-Saharan African operations), already have many touch points with African companies and private equity funds. Adding a bespoke HR sourcing service makes imminent sense in broadening our footprint and breadth of service offerings.
Adansonia HR Solutions Limited is close to formalizing its African focused HR offering. The offering will include:
- Recruitment of C-suite executives
- Agile talent pool of interim management resources
- Executive management development facilitation
- Expatriate relocation assistance
- Payroll outsourcing