Tecnicil Indústria announces investment by AFIG Funds, a growth and expansion private equity fund manager
March 23, 2018
About AFIG Funds (www.afigfunds.com)
Advanced Finance & Investment Group (“AFIG Funds”) is a leading private equity fund management company with two funds under management, the Atlantic Coast Regional Fund, and AFIG Fund II. AFIG Funds makes growth equity investments across a diversity of sectors in West, Central and East Africa. AFIG Funds is registered in Mauritius and headquartered in Dakar, Senegal.
About Tecnicil Indústria (www.tindustria.com)
Tecnicil is a market leader in Cape Verde, accounting for 61% of the bottled water market, and 30% of the carbonated soft drinks market. Over the last 18 years, it has built a strong track record of quality, and has emerged as a national champion in a competitive landscape, which counts leading international brands. In recognition of its commitment to quality and best practices over the years, Tecnicil has received the most trusted brand award in Cape Verde for the last six consecutive years the award was issued.
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