Latest News from the East African Investor Trip
The September 2017 African Investments’ East African Investor Trip was attended by a total of 90 delegates. Local and international groups gave presentations on over 30 investment opportunities in Rwanda, Tanzania, Uganda and Ethiopia covering the Infrastructure, Power and Renewable Energy, Mining, Oil & Gas and Agriculture sectors. These presentations were interspersed with contextual presentations from law firms, accounting firms and government investment agencies which highlighted government priorities and incentives for foreign investment, the local economic climate, tax issues and strategies for navigating the local investment process.
Deal sizes were primarily in the range USD 5M to USD 30M with a strong weighting on private equity placements for early-stage to advanced renewable energy projects (hydro, geothermal, waste to energy and biofuel), “last mile” solar power solutions and high yield agriculture projects.
Following a full day of investment presentations in Kigali, Dar es Salaam and Addis Ababa, site visits to investment projects offered captive time with high quality investee companies and provided investors with firsthand, in-country experiences. Delegates visited the Rwanda Mountain Tea Factory, Giciye I and II hydropower stations, Trust Industries and Afriprecast manufacturing plants and the Special Economic Zone in Rwanda, the AKM Glitters Chicken Hatchery and Feed Mill in Tanzania and Cambridge Industries’ Reppie Waste to Energy plant in Ethiopia.
Several deals are now under negotiation in each region as a result of introductions made during the East African Investor Trip, which is a key measure of our success.
Thank you to our East Africa 2017 Sponsors
Feedback from Attendees
“Metier is a private equity fund manager headquartered in Johannesburg, with offices in Kenya and Mauritius. The Metier Sustainable Capital practice manages private equity funds focussed on clean energy and resource efficient infrastructure. We found the East African Investor trip, hosted by the competent and professional team at African Investments, to be a good format to expand our network and facilitate investment opportunities. The defined sector focus attracted professionals from various faculties that contributed to comprehensive and interactive discussions. The field trips consolidated these discussions and delivered a complete country outlook.”
Khalid Chand, Associate Principal at Metier Sustainable Capital