Vantage is the largest and most experienced independent mezzanine funder on the African continent. Since 2006, Vantage has made thirty investments across three successive funds into ten African countries. Mezzanine debt is a cheaper alternative to traditional private equity (lower dilutive impact) as well as an alternative to bank debt (for business that can’t access bank funding or do not have the capacity to take on additional bank funding).
Capital Provider Overview
Region/Countries of focus
South Africa and Eastern Africa (Kenya, Uganda, Mauritius, Rwanda). Ethiopia and Tanzania are on hold at the moment.
Sector & Ag. value chains focus
All value chains
Names of select current/previous portfolio companies in the ag. space
Type of instruments
Mezzanine debt (debt with equity participation)
Ticket size range
Preferred currency of investment
Rand for South Africa, USD for Rest of Africa